MSNBC The Rachel Maddow Show June 4, 2024 08:13:00
Then late wednesday night another california bank, silicon valley bank announced they had lost nearly $2 billion, and that started a run on that bank by their depositors venture capital firms in particular appeared to have pulled their own funds of sill call valley bank and told the companies they were invested in they too should pull their money out of that bank so by close of business thursday people who had their money deposited had tried to pull over $40 billion out of that bank. that was close of business thursday by friday mysteriously that bank had decided it would pay out a bunch of bo...
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