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CNN Anderson Cooper 360 June 4, 2024 05:20:00

Rates were going up making all of those treasury securities less valuable, and if they want to sell them to get cash, they would take a loss, all of that happening in the past few days. so how concerned should people be their bank might fail for similar reasons? this is a specific specific profile of a bank. they went to startups and venture capitalists and the tech world, so it was very hyper focused. earlier this week we saw another bank that lends mostly crypto kind of lending, and it s unwinding on its own because it was facing some problems. so they had a very specific profile. we saw a lot of other banks lose stock market value yesterday but bounced back today, and what we re hearing mostly from analysts and from bank regulators is this was a specific a specific event, a specific kind of profile of this bank that doesn t match most other banks out there, probably your bank. after the collapse in 2008, there were a lot of federal regulations put on banks to avoid that happ ....

Venture Capitalists , The Tech World , Stock Market Value , Bank Regulators , Doesn T Match ,

CNN Anderson Cooper 360 June 4, 2024 01:20:00

Treasury securities, government-backed debt, and that was all safe and fine until there was a little bit of a slowdown in tech, and these startups were burning cash. and so they started withdrawing those deposits and not putting new deposits in. at the very same time, interest rates were going up making all of those treasury securities less valuable, and if they want to sell them to get cash, they could take a loss, all of that happening in the past few days. so how concerned should people be their bank might fail for similar? they went to startups and venture capitalists and the tech world, so it was very hyper focused. earlier this week we saw another bank that lends mostly crypto kind of lending, and it s unwinding on its own because it was facing some problems. so they had a very specific profile. we saw a lot of other banks lose stock market value yesterday but bounced back today, and what we re hearing mostly from analysts and from bank regulators is this was a specific a s ....

Treasury Securities , Interest Rates , Venture Capitalists , The Tech World , Lexuxus Sales , Stock Market Value , Bank Regulators ,

CNN The Lead With Jake Tapper June 4, 2024 21:33:00

Like. yeah, that is ron desantis main selling point, it s that i am not trump. you know, i can do the things that trump talks about but i can be more polished. i just won t run off and get into fights with superstars, you know, just random things. i will be more focused. that is his that is what he is selling. the question is whether he can sell that to the base in the way they feel fired up about it. and they feel like he has the charisma. you know, the old thing, do you want to have a beer with desantron desantis desantis, he s going to have to pass that test as well. sum lin, it sound as a congressman, he was very mau hawkish when it came to arming ukraine in and he came to that. do you think he s just reading where the voters are? i think we re seeing a shift in many certainly, the policy ....

Ron Desantis , Selling Point , Desantron Desantis , It Sound , Sum Lin , Ukraine In , Policy Positions ,