Hedge Fund Billionaire Ken Griffin Says US Should Have Let SVB Die
Hedge fund boss Ken Griffin says the US government should have allowed Silicon Valley Bank to go under as a “lesson in moral hazard.”
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Billionaire Investor Bill Ackman Warns More Banks Will Collapse Despite Fed Intervention
To protect insured depositors FDIC created Deposit Insurance National Bank of Santa Clara. When shuttered FDIC immediately transferred insured.
The Fed Will be Forced to Surrender on Rate Hikes After SVB's Failure, Says Top Economist Mohamed El-Erian
The Federal Reserve will be forced to give up its aggressive monetary policy after Silicon Valley Bank's meltdown, according to Mohamed El-Erian.
Stress in Banking System | Latest Equity Asset Allocation Views
Last week did not play out how we anticipated. Coming into the week, it was all about Fed Chair Powell’s congressional testimony and Feb. jobs report.
Billionaire Investor Charles Schwab Loses $3BN in Just THREE DAYS
After SVB collapse GOP donor Charles Schwab, whose glamorous granddaughter was given job in Trump White House, slides down Rich List.
Gundlach, Ackman Weigh Fed’s US Bank Rescue Impact on Markets
The failure SVB and government rescue of its depositors are ripping through market bets on everything from the economy to US interest-rate outlook.
Stock Market Will Crash in 60 Days
Stock market will crash in 60 days, best-selling author on Lehman collapse warns.
