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culture. and that is tonight's reidout. all in with chris hayes starts now. ♪ ♪ ♪ >> tonight on all in - >> because of the actions, it' already taken. every american should feel confident that their deposit will be there, if and when the need them. >> banks closing, stocks falling, and the governmen rushing to shore up the system what happened this weekend, an how to stop it from happenin again. congresswoman katie porter joins me on that then - >> this is all about accountability he needs to be held accountabl for his dirty deeds. >> all eyes on the grand jury, as michael cohe...

the best moments from thos speeches >> dreams are something yo have to believe in i almost gave up on mine to all of you out there, pleas keep your dreams alive [applause] >> to all of the people wh have supported the genre movie that i've made for all these years, the thousands and hundreds of thousands of people, we just won an oscar together! >> for all the little boys and girls who look like me watchin tonight, this is a beacon of hope and possibilities this is proof that dreams drea big, and dreams do come true and ladies, don't let anybod tell you you are ever past you prime. n...

And so, deposits for that bank blue, it went from 40 billio to almost 200. the bank made a horrible risky decision and invested a bunc of that money in treasuries an mortgage securities, which a soon as interest rate rose, th value of those asset plummeted. so, they went out, realizing they had a hope, communicate terribly, decided, we're gonna go out and raise some money, and we'll take a loss doing so and what did that do massively spooked the markets, which resulted in what you jus said, their customers taking out over 40 billion dollar overnight. and that's when our one on the bank happens...

Families >> this morning, i am sure you saw president biden addressing the country, assuring people that their deposits are safe the taxpayers are not on the hook for the banks how confident are you of tha assessment >> well, i have no doubt tha that is what president biden hopes happens, and that is the intent here. but i think we've seen before, with these kinds of programs that the devil is really in th details. and there are some concernin aspects of how this is being rolled out one of the things we did wit the dodd-frank act, after th last financial crisis was we said, look, assets have t...