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Transcripts for MSNBC The 11th Hour With Stephanie Ruhle 20240604 03:05:00

good reason. because, stephanie ruhle, in new york, in a civil matter, you don t have the right against incrimination. you don t have the sam ability. so, if you stay silent in civil matter, then the jury ca be told, hey, the defendan could have told his story, h didn t so you should draw what we cal an adverse inference you sure the seam assume tha trump is admitting to th allegations against him. so, for that reason in a 250 million-dollar case, it s no surprising that trum testified. now, time will tell, is that a good strategy? because donald trump s, to put it mildly, truth challenged. so, anything involving him and an oath is kind of wil robinson danger territory but let s get serious about that let s not be cute about it he s under oath. trump has been known to live repeatedly, is freshly about his businesses, this one is humiliating one. remember when tish james lai it out, massively inflating th

Transcripts for MSNBC The 11th Hour With Stephanie Ruhle 20240604 06:05:00

because donald trump s, to put it mildly, truth challenged. so, anything involving him and an oath is kind of wil robinson danger territory but let s get serious about that let s not be cute about it he s under oath. trump has been known to live repeatedly, is freshly about his businesses, this one is humiliating one. remember when tish james lai it out, massively inflating th value of his apartments, his building, his golf courses one of the consequences if under oath today, he lied? jail. and so the question is, presume he had council in th room at the time who might hav stopped him whenever he trie to fabricate something so, there could have been some checks in place. but i can tell you as an attorney i would have been ver worried about trying to police my client given his prio history. i m guessing policing tha

Transcripts for MSNBC All In With Chris Hayes 20240604 07:08:00

it was not cool to do business with a more traditional bank if you are in the start-up world. and they basically forced th hand of a lot of start-ups, so huge concentration to that one type of customer remember, covid hits, and that business boomed. think about all the tech investment think about all the places tha really rose during that time and so, deposits for that bank blew, 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,

Transcripts for MSNBC All In With Chris Hayes 20240604 00:07:00

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, right? and we re now living in a worl of digital banking where you can pull your money within seconds, where you can shout there s a fire in the movi theater on twitter, and pani bigots panic, and that s how w got here i was gonna say, 42 billion dollars is not like you just withdraw from an at machine, that was a seriou fear that spread among some of these individuals, these depositors th

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