FOXNEWS Cavuto Live June 4, 2024 15:19:00
90% of these deposits were uninsured. it's not bad for big regionals but they hold upwards of 50% uninsured and that is why you see volatility in the stocks, they are taking their deposits out and putting money in the banks perceived as too big to fail, bank of america sharing 15 million the cayman since svp went down but we are seeing those cash infusions, you spoke with kevin o'leary who shared the answer isn't a rescue but these regionals, bailing as a national cleanup of the national system. >> don't understand why as a taxpayer i have stuff support these management bankers. i say let them...
Source: archive.org
