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tedious, tnt, and trutv, as well as on cbs. good luck with your brackets, and goodnight. good evening, everyone i laura coates, and welcome to cnn tonight. look, it s being called the first twitter fueled bank ran. customers withdrew 42 billion dollars. yes, i said billion with a b. it all happened in a single day just last week in silicon valley bank. the viral panic spreading on twitter, texts, and also attack group chats, which raises a ton of questions, like where do we get our information in who we trust with that information and what happens the next time? plus, what exactly is the mission of a women s college. now, the answer may not be as obvious as you may think. one of the top women colleges in this country, hillary clinton s alma mater, wellesley college, they re now divided over whether to open admission to all nine binary and trans inter sudan s, including trans men. we ll discuss all of that tonight. and in pre-pandemic times, they call out the olden d ....
The week begins in Spain with the publication of the December trade balance, as well as with the results of Almirall and the dividend of Neinor Homes on a business level. This Monday the New York Stock Exchange will remain closed and the Bundesbank will publish its monthly report. Back in Spain, the Ministry of ....
The Managing Director of the NEDC, Goni Alkali, announced the donation during a courtesy call on Governor Babagana Zulum at the Government House, Maiduguri, on ....
Actually deal with free markets when those free markets turned against them on their bad decisions. we ve seen time and time again that there is a lack of accountability and a lack of stewardship. so, i think when we talk about freedom in the middle east in the power of twitter to keep people informed, allow them to communicate, what we are talking, about what we saw happen with the eat the rich, with all the gamestop and all of those things, where people were able to get together to put what little if anything they had together, and come up with a broader strategy. the same thing that rich people and hedge funds do all the time. i think powers the people against financial institutions is a good thing. it keeps people honest. and the last part about that is what you talk, about making sure the government can react, and does that encourage this bad behavior time and time again? to that point, i think you raise, it and we are both talking at this point, emma, the idea of who had the in ....
Taking their deposits out and putting it in the top four banks. the other thing is payroll, rippling had 400,000 people that they were paying. those would ve stopped. this is different than the 2008 bailout, there they helped bond holders and shareholders. here they re using a funds that banks pay a premium simply to say, to provide liquidity and the assets of silicon valley bank are there so hopefully it is not even to deplete that fund. they acted pretty fast to get it done before the monday markets opened. it almost have a dam defeat to damage if you don t. if you are working so fast, why are you working so slow? they protracted with appropriate speed, here the big risk here, the firms, you could ve had ways to advance payroll and get that down that would ve been a little bit messier, the big problem, and you saw this in the stocks of other regional banks. you might well have had a number of additional bank failures this week a lot more ....