BAILOUT: Did The Fed Just Guarantee $1 TRILLION In Uninsured Deposits? Silicon Valley Bank FALLOUT!
1 year ago
9
Amid a spectacular banking crash over the weekend, the Federal Reserve and U.S. Treasury have intervened to guarantee $230.6 billion of uninsured deposits at Silicon Valley Bank (SVB) totaling $151.6 billion in California and Signature Bank in New York totaling $79 billion. It goes without saying this is a terrible precedent. There are $20.8 trillion of checkable and time and savings deposits of which $1 trillion is said to be uninsured—that is, those in accounts above the statutory $250,000 limit for Federal Deposit Insurance—in U.S. affiliated banks as of March 9, according to the latest data compiled by the Federal Reserve. Are the Fed and Treasury planning on guaranteeing all of those deposits, too?
Loading comments...
-
1:04:44
Americans for Limited Government
1 year ago $0.35 earnedBAILOUT: Did The Fed Just Guarantee $1 TRILLION In Uninsured Deposits? Silicon Valley Bank FALLOUT!
618 -
25:52
NORTHAMERICANNEWS01
1 year ago6 USA Banks at Risk of BANK RUNS as $1 Trillion Uninsured Deposits Raises Risk of Bank Failures
130 -
6:19
MichaelDButler
1 year agoAre We Headed for a National Bank? Silicon Valley Bank, Signature Bank & First Republic Bail-Outs
38 -
0:14
Dosed After Dark
1 year agoSilicon Valley Bank Failure #SVB #banking
7 -
0:31
KimStark1917
1 year agoInsured deposit payouts expected Monday after Silicon Valley Bank failure (1080p)
5 -
6:44
FactTracker
1 year agoSilicon Valley Bank: Is this the next banking crisis?
3 -
27:01
hankswank68
1 year agoBIG BANKS ARE IN TROUBLE! - DEPOSITS ARE NOT INSURED! - PERFECT EXCUSE FOR GREAT RESET!
1611 -
7:33
Everyman Prepping
1 year agoBanking Collapse - Silicon Valley Bank Fails - FDIC Takes Over Receivership - Get Your Money Out!
20 -
9:49
Property and Market News
1 year agoSilicon Valley Bank collapse! Global banking crisis, Do this ASAP !
3 -
38:52
Lou Scatigna, The Financial Physician
1 year agoBreaking Down the Silicon Valley Bank Crash
207