Toe Scan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. that's a hit. on the other hand, those banks still exist. you can't say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. it's gone. federal regulators have rename it and taken it over. that means a lot of people lost a ...

Toe scan you may recall, self-described financial experts in the media were busy promoting silicon valley bank, a great investment that would last forever. the formerly great but now quite embarrassing "forbes" magazine named svb to the list of america's best banks, not once, but five years in a row. you saw this coming. here's bs artist/dumb person jim cramer of c nbc telling his users to buy silicon valley bank, even though it was in the process of going under. this is last month. >> svb financial -- this company is a deposit base in wall street has been concerned about. recently bought one ...