« FFT4 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Federal officials closed a second bank and said it would bail out all depositors in the wake of Silicon Valley Bank’s collapse.

By: oldCADuser in FFT4 | Recommend this post (0)
Mon, 13 Mar 23 1:03 AM | 21 view(s)
Boardmark this board | FFT4
Msg. 06505 of 16106
(This msg. is a reply to 06503 by clo2)

Jump:
Jump to board:
Jump to msg. #

It ain't over yet...

The Silicon Valley Bank crisis will force the Fed to slash rates by 100 basis points to prevent contagion, market guru says

http://finance.yahoo.com/news/silicon-valley-bank-crisis-force-161835121.html




Avatar

OCU




» You can also:
- - - - -
The above is a reply to the following message:
Federal officials closed a second bank and said it would bail out all depositors in the wake of Silicon Valley Bank’s collapse.
By: clo2
in FFT4
Mon, 13 Mar 23 12:55 AM
Msg. 06503 of 16106

The futures are up strongly.
CNBC are discussing this now.

The New York Times

BREAKING NEWS

Federal officials closed a second bank and said it would bail out all depositors in the wake of Silicon Valley Bank’s collapse.
Sunday, March 12, 2023 6:46 PM ET

The Federal Reserve, Treasury and Federal Deposit Insurance Corporation announced in a joint statement that “depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.”


« FFT4 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next