, senior reporter Elizabeth Lopatto noted another potential pitfall, predicting we’ll soon see scammers targeting “panicky” tech bros with offers to help.The federal government is looking for potential buyers to take over SVB and service its thousands of clients.,” which ought to be a helpful reminder of the potential hazards in a sale. Musk, a tech entrepreneur in his own right, would effectively control the finances of some of the country’s pre-eminent tech firms.
Musk taking over SVB appears to be a long shot. Nonetheless, I’m calling this the “Elon problem” because boosting his power over the tech industry seems like a glaringly obvious danger. And the same could be said of any number of tech bros. The truth is that any large entity that takes over SVB might have similar influence over the direction of America’s tech future, and we all have a vested interest in making sure it falls into the right hands.
The left gets special treatment. This is well known. People can only take so much of it. It’s time to fight back!
United States is printing money they don't have because the country owes. Its leaches off of others but they don't need us anymore. They make more than they ever did with China peacefully and receive grants at the same time. Its incomparable. Communism supersedes Capitalism.
😂
Who said crypto doesn't have fundamental value? The crypto holders win big again on another bank bailout. Good job Democrats. Way to inflate the economy
Democrat committed $8 billion in fraud is at home in california with his parents
And yet I'm still not concerned.
I’d be more concerned about the bailout
Liberal run bank failures not one Republican run bank failure 🤔
1. Biden is still president 2. Biden is still president 3. All of the above.
Go woke go broke
Gavin newsome banks there? China CCP banks there? Does HunterBiden bank there
Less than 1% of your viewers know what actually happened…. And that’s why it happened….
all the depositors' money went to the weapons of Ukraine
This is what the Democrats voted for so here we are. Don’t complain or try and blame someone else. You all said the first week that Biden reversed everything the right did so I don’t want to here you Bitch about Trump or any policy. This is just the beginning of what’s to come
another Biden success.
'Concerned'? Gotta bunch of Elon's over here guys! You better 'look into it'. Stop trying to scare people for engagement. You guys are sad.
Silicon Valley Bank That Just Imploded Had DIVERSITY HIRE 'Risk Manger'
Don’t worry, the government and tax payers will bail us out. Go ahead and buy 150 billion in fake digital coins.
This is just the federal government trying to take over the banking system beware
JoeBiden signed EO 14018 on Feb 24, 2021 reversing: EOs 13772 and 13979 signed by realDonaldTrump. JoeBiden TheDemocrats are blaming their failure on regulations Biden already reversed thru executive action. TheDemocrats: denial and failure
Who's fault is it for these banks collapsing?
It's a big win for the incompetent government! ImpeachBiden
Reason 1 many MSNBC supporters had more than 250k deposited there and woke borrowers with poor start up’s will have no place to borrow. Why is a fund to cover up to 250k in losses getting ripped off?
Musk. 'Right wing'. Lol.
I’m glad that your network broadcast it. Great work
When MSNBC is doom and gloom… kinda freaks me out.
Wake me up when you're ready to stop fighting for power. bethepeople
Or congress could put regulations BACK into place that would've prevented this.
A bank run is inevitable when people realize that their money is not safe.
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