FOXNEWS The Big Sunday Show July 6, 2024
it be? billionaire if investor bill ackman tweeted last night, sillen con valley bank customers will get around 50% monday/tuesday, and the balance realized over the next 3-6 months. if this proves true, i'd expect bank runs monday morning. no company will take even a tiny chance of losing a dollar of deposits as there's no reward for this risk. after the systemwide fdic system deposit guarantee, more bank runs begin monday a.m. a whole lot of officials including treasury secretary janet yellen are trying to calm fear today. she points out it's highly unlikely, take a listen. >> the ...
Source: archive.org