CNBC’s Hugh Son and Deirdre Bosa be a part of ‘Squawk on the Road’ to debate their ideas on SVB Monetary and the place they see the financial institution heading. For entry to reside and unique video from CNBC subscribe to CNBC PRO:
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SAVE THE BANK. I love SVB guys. Let's come together and save the bank. I don't want SVB to go out of business
Just as planned …
The Biden economy is strong.. 🙄
Foreclosures coming. 😎
The beginnings of "Zee Will Own Noting…"
Now, learn from the Chinese! All victims go protest in the front of other banks. The government will pay you all back! If the “communist regime” can pay all the victims back, US surely can do it better! GoGoGo American 🎉🎉🎉
Your President says everyone is gettin better tho.
….and laughing at every one of you blue voters.
America=toilet under democrats.
My wife holds a leadership position with SVB. They just shut down all their offices and have been told they will be employed by California insurance company for 45 days then it’s over. This is just terrible a CEO can start dumping stocks while keeping employees in the dark. They walk away with millions and we lose our stock options, salary, and maybe 401k? We are so screwed.
This is what happens when you have democrats spending out of control causing our depth to be higher then what taxes they collect. Add the Biden fight against fossil fuel causing inflation, high gas prices and everything that comes with the democrat party give away plan. When you add it all up you start to see banks going under that is what happens in a depression. Biden keeps lying how great he has make the economy while while everyone in America is barely getting by. When will America stop believing these democrats that tell you its is ok. Why do you think the republicans campaigned on reducing the spending of democrats, Where can we cut the wasteful spending without cutting SS. and more. Also Biden fault against fossil fuel refusing permits for drilling. Fossil fuel is our biggest part of our economy growth. Wake up America before you lose it all.
All banks are in trouble on Monday morning…even if they’re not in trouble.
Amazing video and thank you for breaking it down!! Despite the economic downturn,I'm so happy☺️. I have been earning $ 15,200 returns from my $7000 investment every 14days…
Forbes report four days ago who can you trust?
This are terrible times again .
Hey Cramer you were preaching the worth of SVB not a month ago. If Cramer says go ahead, run away. The dude is a clown.
Did anyone asked Matt Damon what he feels about this issue?
Huge sun!!!! Cool name🤣
no socialism, no bailout. most of these venture capitalists are against socialism anyway. You crash, you burn… too bad, so sad.
Translation: We caused hyperinflation and recession globally due to our greed and we f—ed up. We printed too much money out of thin air and actually have no money on our Balance sheet. We knew this would happen months ago and are running away with money that we robbed from millions of people and a fat bonus on top of that. None of you can do anything because congress and government are all our buddies. They will make laws that would benefit and protect us which no one will even bother to look up. You will eventually forget about it and continue living poor while we will be on our private yacht enjoying luxurious retirement life. Thank you.
I know it's early but you forgot to mention how Trump is responsible for this.
SVB FINANCIAL GROUP
“Our Global Diversity, Equity & Inclusion Commitment SVB is committed to creating a more diverse, equitable, inclusive and accessible environment within SVB, within
the innovation ecosystem, and in our communities. At the heart of this commitment is our effort to foster a more inclusive culture and increase racial, ethnic and gender
representation within SVB. In the broader innovation economy, we are focused on breaking down systemic barriers to entry and success, investing in opportunities that ensure more founders and investors with a range of experiences and ideas are represented in our ecosystem. We strive to use our resources, voice and influence to help build strong communities and contribute to economic and
social progress where we live and work.”
How’d that all work out?
Go woke you go broke. No surprise. This company went WAY off piste in order to support radical agenda.
As crazy as it sounds, this might be the kind of thing the stock market needs. This will cause massive deflationary pressure which may cause the Fed to be less aggressive with future rate hikes
Biden has sold us out to China and we will see war within a year if this incompetent regime is not removed.
LMFAO this is the best news of the Year
Proverbs 20 verse 2
Proverbs 20 verse 23
Proverbs 23 verse 20 through 21
I confirmed a successful transfer of $11,000 thanks Maskoffaid this lockdown has not been bad after all
I confirmed a successful transfer of $11,000 thanks Maskoffaid this lockdown has not been bad after all
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.
Shutdown all these greedy criminal banks
Reporting the actual FRAUD and Anarchy happening by this administration is probably a bit more important and more than likely a direct thread to these weather controlled disasters. With trillions of dollars going to fund these kind of stories its no wonder ghosts are left to do nothing but create disasters and chaos. Zipbang's pipeline of destruction reins. 'I Never Thought That Would Happen In The United States Of America': Michael Shellenberger https://www.youtube.com/watch?v=wRkLe3fPl1o
Maybe Jay Ersapah should have spent more time on banking and less time kissing the woke asses for optics … what the gender neutral term for a failed bank 😂😂 is a 😂😂😂
SVB meltdown because democrats, Biden, pedophile, trans thisandthat… Cut the crap. Banks collapse because your financial system is collapsed, country bankrupted for almost 5 years (thus plandemic, war on Russia, soon China…), because your economy is destroyed by 40 and something years model of stealing and extracting money by billionaires. Because your country is broke, poor, because oligarchs by other banks trying to save money to themselves by strangling one bank, then other… That all weight of collapse falls on workers and citizens, not on them – oligarchs and billionaires.
Investment Banks are the backbone for the innovation and start up business, are the backbone of the America. Powell and FED are directly responsible for the failure of SVB bank which is doing nothing but lending start up businesses.
WHAT IF MAJORITY OF AMERICANS WITHDRAW ALL THEIR BANK SAVINGS TOMORROW, 3/13/2023?
If a large number of Americans were to withdraw all of their savings from banks at once, it could potentially have significant implications for the banking system and the broader economy.
Banks use customer deposits to fund loans and investments, so a sudden and significant decrease in deposits could limit their ability to lend money and finance economic activity. This could lead to a contraction in credit markets, reduced investment, and slower economic growth.
Furthermore, if everyone were to withdraw all their savings at the same time, there may not be enough physical cash to meet the demand, which could lead to long lines at banks and ATMs, and potentially even a cash shortage.
It's important to note, however, that it's unlikely that a large number of Americans would suddenly withdraw all of their savings at once. Even during times of economic uncertainty, many people rely on their savings for emergencies and daily expenses and may not have the means to withdraw all of their funds at once.
In any case, it's important to be cautious and informed when making decisions about your finances, and to consider the potential risks and consequences of any actions you take.
WHAT IF AMERICANS LOSE THEIR TRUST ON BANKS?
In general, people's confidence in banks can be influenced by a variety of factors, such as economic conditions, bank policies, and regulatory oversight. If there is a perception that a bank is in financial trouble or is engaging in risky behavior, it could undermine people's trust in that bank and potentially the banking system as a whole.
That being said, it's worth noting that banks in the United States are subject to regulatory oversight and are required to hold a certain amount of capital to protect against losses. Additionally, the FDIC insures deposits up to a certain amount, which can help to mitigate the risk of bank failures.
Overall, the level of confidence that Americans have in banks may vary depending on a range of factors and individual experiences.
WHAT IS THE MAXIMUM AMOUNT THE FDIC PAY FOR EACH ACCOUNT?
The Federal Deposit Insurance Corporation (FDIC) insures deposits up to $250,000 per depositor, per insured bank. This means that if an insured bank were to fail, each depositor's account would be covered up to $250,000, including principal and accrued interest.
It's worth noting that the $250,000 limit applies to each depositor's accounts at a given bank, so if you have multiple accounts at the same bank, they are added together, and the total amount insured is up to $250,000. Additionally, if you have accounts at different banks, each bank is separately insured up to $250,000 per depositor.
The FDIC provides a comprehensive guide to deposit insurance on their website, which includes information about what types of accounts are covered and how to maximize your insurance coverage. If you have specific questions about your FDIC insurance coverage, it's a good idea to consult with a financial advisor or contact the FDIC directly.
HYPOTHETICALLY, WHAT IF THE SAVINGS WORTH $45M, HOW MUCH WILL THE FDIC REIMBURSE THE LOSES?
If an individual had a savings account worth $45 million at an FDIC-insured bank that failed, the FDIC would only insure up to $250,000 of the total amount. This means that the depositor would be reimbursed up to $250,000 and would lose the remaining amount that exceeded the insurance limit.
It's worth noting that there are ways to potentially increase the amount of FDIC insurance coverage for large deposits, such as by spreading the funds across multiple accounts or by using different ownership categories. However, it's important to consult with a financial advisor or contact the FDIC directly to understand the rules and limitations of deposit insurance.
In any case, it's generally recommended to spread large deposits across multiple FDIC-insured banks to maximize FDIC insurance coverage and reduce the risk of losses due to bank failures.
SVB, FTX, SBF, FJB…..
SVB's Financial Risk manager is a bent, immigrant Indian female with ZERO relevant work experience
It’s a deposit return issue, not a lending issue.
Just in time for your central bank digital currency to control every aspect of your life
CNBC is scrambling to cover their own ass after they publicly urged their gullible viewers to buy SVB stock. CNBC aided and abetted this fraud
This seems like the worst period.
Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
So the good guys are trying to stop the damage caused by the bad guys from greed and incompetence…in a nutsheLL. authoratarian intentions aside,of course
This is 1930 all over again as all banks have been halted in NYSE
With all this scary news making the headlines, is this really a good time to buy stocks? I know everyone says the market is ripe enough for buying but will stocks tank further this year? How long until a full stock recovery?
We should give more money to Ukraine that will fix it!!!!
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit our lord Jesus have lifted up my Life!!!🙏❤️❤️