Page 30 - Hal Lambert News Today : Breaking News, Live Updates & Top Stories | Vimarsana

KTRH-AM covering local news from Houston and across Texas.

The bank went into failure. as soon as there was with the bank might have a problem, people pulled their money out. you had that happen. the other problem is there was poorly run. silicon valley bank was buying along the data treasuries, long dated mortgage—backed securities that are aaa rated but you can still lose money on them and they did because they were buying longer dated bonds when interest rates were 1.5% and no interest rate on the short and 5%. so they were lost over 20% in value of those securities and that was very large losses. silicon valley bank at about $200 billion of loan...

It comes days after the failure of silicon valley bank in the us. we can talk now to hal lambert — founder and ceo of point bridge capital and a former director at credit suisse. thank you for taking the time to come on the programme. with shares in the swiss and a plunging wednesday, now the new announcement of the bank potentially borrowing up to $50 billion, what do you think in your assessment is happening at credit suisse? the your assessment is happening at credit suisse?— credit suisse? the bank has been poorly _ credit suisse? the bank has been poorly run _ credit suisse? the bank ...

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As it closes a $17.6 million funding round—including investments from Goff Capital and Raytheon—Firehawk Aerospace is claiming Addison as its new home.