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Democratic and Republican lawmakers alike pilloried former Silicon Valley Bank CEO Greg Becker over his compensation package.

Signature bank are testifying on capitol hill, answering questions about how the banks collapsed. cnbc senior markets correspondent dominic chu is following it for us, as he always does. dom, good morning. regulators are forced to take over these banks after customers lauchblged a run on the money. what are the former executives saying about that today? >> reporter: jose, they are basically facing a slew of different questions and pointed ones at that about what went wrong and how it could have gone so wrong in such a bad way leading to a few of the biggest bank failures in u.s. history. now, ...

* Ex-SVB CEO says unaware of bank's troubles when he sold stock * Former Signature Bank executives deny firm was mismanaged * Fed investigating SVB bonuses paid out day bank failed ... | May. 16

Who’s to blame for the banking crisis? Maybe an easier question to answer is: who isn’t?

Bank execs blame panicked depositors for Silicon Valley, Signature failures, but senators blame them | 2023-05-17 04:07:57