Tag Archives Stock Market

Silicon Valley Bank Collapses As Regulators Seized Control

The closure of Silicon Valley Bank, the 16th largest U.S. bank marks the second-largest bank failure in history

Silicon Valley Bank collapsed Friday with financial regulators rushing in to seize control over the tech-focused lender’s assets and liabilities following a frenetic week that saw an unsuccessful attempt to raise capital triggering a depositor exodus.

Share

White House Silent On GameStop-Wall Street Chaos

The White House aren't providing answers on how the Biden Administration will protect and defend the little people like they promised as they duck questions surrounding the GameStop-Wall Street controversy.

White House press secretary Jen Psaki dodged multiple reporters’ questions Thursday about the saga in the stock market involving amateur stock traders collectively taking on some of Wall Street’s most sophisticated hedge fund by fueling GameStop stock.

Share

Verified by MonsterInsights