Atomic Bob's Stock Forum - The Golden Thread

Federal officials closed a second bank and said it would bail out all depositors in the wake of Silicon Valley Bankâ€™s collapse.
By: clo2 in FFT4
Mon, 13 Mar 23 12:55 AM

Msg. 06503 of 16108

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 Bankâ€™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 â€œdepositors 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.â€

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