Government policy

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“The government has about 48 hours to fix a-soon-to-be-irreversible mistake”: Bill Ackman warns some businesses may not be able to meet payroll after SVB’s failure

[ad_1] “The government has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowingSVB Financial to fail without protecting all depositors,…

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Silicon Valley Bank staff offered 45 days of work at 1.5 times salary by FDIC

[ad_1] Staff of Silicon Valley Bank were offered 45 days of employment at 1.5 times their salary by the Federal…

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Silicon Valley Bank failed for one simple reason: its key startup clients lost faith.

[ad_1] Silicon Valley Bank SIVB, -60.41%, a 40-year-old bank at the heart of the valley’s ecosystem, was forced to shutter…

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Where Were the Regulators as SVB Crashed?

[ad_1] Silicon Valley Bank’s failure boils down to a simple misstep: It grew too fast using borrowed short-term money from…

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What happened to Silvergate Capital? And why does it matter?

[ad_1] Silvergate Capital SI, -11.27% served as one of the main banks for the crypto industry, prior to its collapse…

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SVB Financial CEO Greg Becker Sold $3.6 Million in Stock Nearly Two Weeks Ago

[ad_1] Roughly two weeks before SVB Financial Group stock collapsed and its Silicon Valley Bank unit was closed by regulators,…

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What should you do if your bank closes down? People have questions after Silicon Valley Bank collapse.

[ad_1] Silicon Valley Bank, which helps fund technology startups backed by venture-capital firms, has closed its doors. The California Department…

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20 banks that are sitting on huge potential securities losses—as was SVB

[ad_1] Silicon Valley Bank has failed following a run on deposits, after its parent company’s share price crashed a record…

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Treasury monitoring a few banks ‘very carefully’ amid Silicon Valley Bank’s woes, Yellen says

[ad_1] U.S. Treasury Secretary Janet Yellen said Friday she’s tracking a number of banks as Silicon Valley Bank has faced…

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Biden’s tax hikes for the rich are unlikely to pass. The bigger debate: Trump-era tax cuts that end in 2025.

[ad_1] For five years, most Americans have seen lower income-tax rates and tapped a bigger standard deduction, but without congressional…

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