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Silicon Valley Bank collapse marks 2nd biggest bank failure in U.S. history
Regulators rushed Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a U.S. financial institution since the height of the financial crisis almost 15 years ago.
Oh ya 2 year ago
And no word on Silvergate Bank that collapsed 2 days before this one. They will tell you everything is fine at the bank until the day it is not. Last Wednesday SVB was ok Friday it is gone, 2 days and poof. Follow your heart as FDIC does not have the money to cover many at the 250.000 limit if a bunch go down