E.LawrencePro

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Breaking News: Silicon Valley Bank fails and was taken under federal control.

First major bank since 2008 with almost $180B in assets.

Last time this happened the market crashed….

Is your money protected?

https://www.nytimes.com/2023/03/10/business/silicon-valley-bank-stock.html?smid=tw-nytimes&smtyp=cur&fbclid=IwAR0fCF7UVVhXiRbVbyL6m9C5oRCBDZy-VpobTnjXYBfGlBvyawZF39hT27Y

Silicon Valley Bank Fails After Run on Deposits The Federal Deposit Insurance Corporation took control of the bank’s assets on Friday. The failure raised concerns that other banks could face problems, too.

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