MSNBC American Voices With Alicia Menendez June 4, 2024 23:28:00
Enormous concentration to th tech industry, the start-u role what got us here - this bank had about 40 billion dollars. once the pandemic hit, you saw that huge push into start-ups. that huge investment they ballooned to having deposits, almost 200 billion they took a bunch of that mone and invested it in mortgag backed securities an treasuries, which -- interest rates are going up. so the question right now is we've made this move to help silicon valley bank's. tonight, you're doing it wit another bank at -- shut down. we're gonna see how they'r gonna help if there is contagion -- if this mak...