Frenzy Fed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

making, but silicon valley's implosion is the biggest such failure since the collapse of our entire financial system 15 is years ago.o down next, and we've got you covered in los angeles with kelly o'grady on how all of this happened, at the white house with lucas tomlinson on what they hop next, in washington with former fdic chair sheila bair on why this won't be another financial meltdown, she hopes. and in florida with home depot cofounder bernie marcus who says that doesn't mean this still won't be a big confidence meltdown no matter what happens next. all that and nikki haley o...

state regulators wasting little time to take possession of silicon valley earlier today before a sudden cash crisis risks becoming a bigger one. then just as quickly reassuring investors their money was safe. the fdic taking control of silicon valley bank's deposits and letting customers know that they would have access to their funds by monday morning. it was all meant to avoid a run on the deposits and one that could spread. neither happened today. janet yellen said she was watching silicon and a few other banks she didn't name very carefully. other government officials stressing t...

Emotions, right? like what we had going, i remember talking to you during the meltdown where, you know, the selling and the frenzy fed on itself. people panicked. i better get out, i better sell my stock, i better take away my deposits, and one thing led to another. now, obviously, that's a chain effect and a chain reaction when that happens. so you can't police fear, right? >> that's very true. and, certainly, svb ran, you know, it's not clear to me that actually this bank is insolvent. i guess we'll find out as the fdic sells off its assets what their true worth is. but this feels to me like...