KPIX CBS News Bay Area Evening Edition 6pm March 12, 2023
highly regarded bank that almost every start-up technology company works with. >> reporter: stefon cobb is the ceo of a start-up in seattle and says all of his money was in svb and now he can't play employees or vendors. >> what happens when tens of thousands of companies condition pay their vendors because they don't have cash in the bank? we are facing something much more than just my company potentially collapsing but something economically very dramatic. >> reporter: the federal government is trying to limit the fallout from the bank's failure. deposit up to $250,000 are federall...
Source: archive.org