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@cnbc: #FederalReserve Chair #JeromePowell slammed #SiliconValleyBank management on Wednesday over their lack of supervision. #LinkInBio for more details. #CNBC #SVB #Fed #Powell #economy #bank #banking
cnbc
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Region: US
Wednesday 22 March 2023 19:32:52 GMT
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Comments
user6369024310836 :
Failed badly but got huge bonuses 😂
2023-03-22 20:35:35
62
NasiKerabu x Nasi Kandar :
Could it be that the Fed's is using an outdated countermeasure to fight inflation? 100 years ago what was the answer to inflation? increase int rates?
2023-03-22 22:51:34
3
TrialLaw23 :
Something illegal happened here and the best they can do is a review, meaning no one will be charged and back to business 🤷🏾♂️Am I wrong ?
2023-03-22 20:09:59
2
Dimitrov :
They always put policies in place “so that won’t happen again” and it always does…
2023-03-22 22:31:54
3
David :
Hedge? Why hedge? Management got their money and taxpayers cover it. That is the system.
2023-03-22 22:57:11
3
Spokesperson USA :
USD is going to zero.
2023-03-23 03:30:36
4
trevorbicking1972 :
And you covered them above and beyond the $250,000 FDIC coverage!
2023-03-23 00:26:38
4
Dynamic :
Took bonuses
2023-03-22 20:30:52
27
Tom Strixy 📖 🖊️ :
If you can make the public believe it was just corrupt management, you can ignore the larger systemic collapse risk and a national bank run. btw...
2023-03-23 05:36:47
0
ElGancho :
Is ANYONE going to jail???
2023-03-22 20:47:20
3
honeycuttbj :
SVB paid out bonuses though? How can they do that?
2023-03-22 22:42:09
1
Dhum27 :
He's just run away from the questions about the today's interest rate hikes
2023-03-22 20:46:00
1
SS :
They bought to many US bonds and raised interest rate didn’t help
2023-03-22 21:33:00
3
Sk8r :
my question is what causes everyone to run all of a sudden.
2023-03-23 02:44:36
0
user709578386933 :
I have complete faith in the Fed and the banking system. They are consistent and steady! Every 15 years they blow themselves up and need a bailout.
2023-03-23 01:11:12
3
Stanley Pine :
and Powell hasn't ...FFS....
2023-03-23 01:39:49
0
Shadowfox1919 :
The interest rate risk that the Fed brought on
2023-03-22 21:50:25
1
… :
fractional banking is obsolete. it just won’t work with today’s technology.
2023-03-23 02:07:57
1
TrialLaw23 :
They always say they are going to get to the bottom of things and never do 🤔 How Odd 😂
2023-03-22 20:07:33
2
agreetodisagree :
management...not all to blame..money moving out of 🤑💰🤑💰 USA
2023-03-22 23:04:48
2
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