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SVB Bank Fails As FDIC Takes Over

The Brookings Institution Senior Fellow Aaron Klein joins Caroline Hyde and Ed Ludlow to discuss the next steps for Silicon Valley Bank after the FDIC stepped in, impact on banking regulation, and why banks that bet big on crypto are failing now. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest…

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The Brookings Institution Senior Fellow Aaron Klein joins Caroline Hyde and Ed Ludlow to discuss the next steps for Silicon Valley Bank after the FDIC stepped in, impact on banking regulation, and why banks that bet big on crypto are failing now.
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50 Comments

50 Comments

  1. Tarik Sammour

    March 10, 2023 at 8:41 pm

    Buy #Bitcoin while you still can. This is just the beginning.

    • Kayel

      March 10, 2023 at 9:01 pm

      LOL

    • andriod 16

      March 10, 2023 at 9:57 pm

      @Kayel LOL twice

  2. Joe

    March 10, 2023 at 8:52 pm

    Thanks Nixon you demon!

  3. Joe

    March 10, 2023 at 8:54 pm

    Meth is a hell of drug eh buddy?
    Your eyes got their highbeams on

    • protop rom

      March 10, 2023 at 11:44 pm

      Professional athletes look high on speed when warming up/training: this man’s sport is his career, and he’s dang good at it.

    • sugarman08

      March 11, 2023 at 8:17 am

      Adderal 😂😆😂

  4. musiclover520

    March 10, 2023 at 9:00 pm

    Good analysis

  5. Mason Cook

    March 10, 2023 at 9:06 pm

    You can thank the jews and their fraud filled banks

  6. watchingthecrazyworld

    March 10, 2023 at 9:17 pm

    Get your money out of 401K, 403B and anywhere else. Withdraw all of your money from your bank and start cashing your payroll checks instead of depositing them.

  7. Grey Matters

    March 10, 2023 at 9:29 pm

    cocaine is a helluva drug

  8. Ben Alex

    March 10, 2023 at 9:34 pm

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    • Morgan Stefan

      March 10, 2023 at 9:36 pm

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    • Morgan Stefan

      March 10, 2023 at 9:36 pm

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    • Luca Gheorghe

      March 10, 2023 at 9:36 pm

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      March 10, 2023 at 9:36 pm

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  9. Pablo Bonilla

    March 10, 2023 at 9:48 pm

    Sucha a fan of Andy Serkis! He has the craziest eyes… Hahaha

  10. Under Ground

    March 10, 2023 at 10:30 pm

    Go woke….go broke

  11. Blastman 8888

    March 10, 2023 at 11:14 pm

    Shareholders are wiped out depositors will be made whole. This is only the beginning of what is to come as the economy is coming off the rails. Think about this for a minute a bank takes deposits and invest them knowing they will ruin investors if they fail. If banks are failing, it’s a sign that spending is starting to contract Government measurements are always lagging. Look how long they took to figure out inflation was going up when everyone in this country knew it for months, yet the fed kept pumping money into the system. I would like to know what Aaron Klein said about the economy in 2006? I bet he was wrong just like every other economist who make predictions just before a recession.

  12. Gogogo Lyra

    March 11, 2023 at 2:24 am

    He didnt even blink!!

    • Doctor Whowhotheowl

      March 11, 2023 at 4:54 am

      He blinked once in the beginning

    • Joe Killa

      March 11, 2023 at 5:24 pm

      On god

  13. SaitamaSSJ

    March 11, 2023 at 4:23 am

    This guys full of shit. the FDIC had a secret meeting last month and this was always going to happen, has nothing to do with SVB, its the FED…

  14. Deevog

    March 11, 2023 at 5:20 am

    Tech companies had money in this bank these can force to liquid too? FDIC covers 250k? for over thanks for visiting bank

  15. Владислав

    March 11, 2023 at 6:55 am

    Мировой кризис проявляется во всей красе!

  16. Владислав

    March 11, 2023 at 7:04 am

    Вас ждёт депрессия 1933.

  17. sugarman08

    March 11, 2023 at 8:15 am

    This whole thing makes me laugh 😂. It’s like everybody just woke up to the bankers and their shenanigans.

  18. William Gum

    March 11, 2023 at 10:28 am

    Elon Musk chose the worst time to take over a social media company

    • William Sherman

      March 11, 2023 at 6:39 pm

      @Trucker Rawb Do you have anymore lies to tell about the wokesters or are you all out?

    • Trucker Rawb

      March 11, 2023 at 6:56 pm

      @William Sherman if I show you some sources, will you be a little more open about what I’m saying??

    • William Sherman

      March 11, 2023 at 7:46 pm

      @Trucker Rawb Your sources are always rubbish. Like fox news, newsmax, rt, epoch

    • Trucker Rawb

      March 11, 2023 at 7:59 pm

      @William Sherman that was a town hall meeting

    • Trucker Rawb

      March 11, 2023 at 7:59 pm

      @William Sherman if a concerned parent addressing the board of education is trash to you then me and you will never agree.

    • William Sherman

      March 11, 2023 at 8:56 pm

      @Trucker Rawb You’re all a bunch bullsh*ters trying to gin up hate and violence by othering people with fake news. piss off

    • Trucker Rawb

      March 11, 2023 at 9:01 pm

      @William Sherman okay 👍

    • Trucker Rawb

      March 11, 2023 at 9:03 pm

      @William Sherman wanted to add real quick that CNN isn’t going to cover shit that doesn’t push their agenda forward and so does fox. Your brainwashed all to hell because you’ve been lead to believe that my ideas being against yours means I’m violent and want to hurt people. You should do your own research instead of relying 2-3 democratic ran news channels. They’re all liars and you’ve been lied to 😇

    • William Sherman

      March 11, 2023 at 9:30 pm

      @Trucker Rawb stop spreading disinformation about people who are different from you. pull your head out of the programming you have received from the the conspiracy peddlers.

  19. Amlan Sahoo

    March 11, 2023 at 11:30 am

    Fraud American media and research companies like Hindenberg who were naked and dancing for a Indian company like Adani falsely to defame India and its market…. where were those bastards when a CEO of a big bank like SVB was selling share 2 days back and they were even propagating that bank as best performing bank ????? Bloody mother fuckers NYT, WP, BBC, CNN and ass lickers are 24×7 trying to harm us. We’ll never forget you donkies and mass killers, it’ll be better for you to stay away from us !!

  20. Dave Anderson

    March 11, 2023 at 1:19 pm

    The ship named “Confidence” has been sailing the Seven Seas far too long. Now the FED is saying “It was just a SMALL iceburg”.

  21. Stock Trading Live

    March 11, 2023 at 2:05 pm

    Joseph Gentile of SVB? You guys know who he is? CFO of Lehman… that says it all

  22. FATHER GUIDOSARDUCHI

    March 11, 2023 at 4:18 pm

    OH AND THIS IS JUT THE BEGINNING OF JOE BIDENS SCREW UPS. JANET YELLIN DOES NOT KNOW HOW TO DO HER JOB. NONE OF THE BIDEN ADMINISTRATION PEOPLE ARE COMPETENT AT ANYTHING. THEY EXCELL AT LYING TO THE PUBLIC THOUGH. THEY ARE PROFESSIONAL LIARS. REMEMBER YOUR GOVERNMENT DOES NOT GIVE A SHIT ABOUT YOU. THEY JUST WANT YOUR MONEY AND THAT IS IT.

  23. Francisco Mendez Sosa

    March 11, 2023 at 7:05 pm

    Those were great questions: is the failure contained? Who bears the losses of it (i.e. who are the uninsured)? And how quickly can this situation be resolved (and what can be learned from it!)? Personally I knew nothing about banking systems and I’ve gone down a very interesting rabbit hole.

    • Lili Robin

      March 12, 2023 at 12:47 pm

      We have bail-ins now so no more bail-outs. The depositors will be the bail-ins per the new banking laws since 2008. If you put your money in a bank, you are considered an “investor” in that bank and could lose it all.

  24. minto_fruit

    March 12, 2023 at 5:33 am

    Count the blinks..

  25. Kyle Walsh

    March 12, 2023 at 6:31 am

    The best tool is the pen of Clarance Thomas Unconstitutional.

  26. Pumperlife

    March 12, 2023 at 7:22 am

    Man when they said go woke or go broke they were not kidding around 🤣🤣🤣

  27. TRWBUSPATRIOT

    March 12, 2023 at 7:53 am

    Joe ‘pedo island’ Biden recently spoke about the stability of the DNC economy… Stop voting anti-American anti-JudeoChristian anti-LIFE Satanic NWO CCP liberal Demoncrat party.

  28. TunaRobber

    March 12, 2023 at 8:04 am

    I like how the ceos gave themselves a bonus right before the bank crashed

  29. Sr Pr

    March 12, 2023 at 6:01 pm

    US regulates Russia and US Bank fails … how is that working??

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Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable chip arm Altera.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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