KPIX CBS Weekend News June 4, 2024 01:46:00
Since the financial crisis of 2008. cbs's willie james inman is at white house with the latest. good evening. >> reporter: good evening nancy, silicon valley bank, the fallout happening within a matter of days. this follows a bad bet and loss on bonds. that led to a run on the bank which caused the second largest bank collapse in american history. following the collapse of s silicon valley bank this week, officials in washington are expressing concern. >> when banks experience financial losses, it is and should be a matter of concern. >> reporter: silicon valley bank is the 16th largest in the...
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