FOXNEWS FOX and Friends July 6, 2024
insurance for deposits saving grace for deposit fors as of much as $220 billiony uninsured. move to prevent a run on additional banks makes it so the tech company as it banked with svb can make payroll. at least 29y impacted pinterest, zip recruiter just to name a few. separately the same has been done for new york signature bank which was shut down over the weekend. treasury secretary janet yellen says the action does not equal bailing out the banks. >> during the financial crisis there were investors and owners of stem large banks that were bailed out and we're certainly not loo...