The government has 48 hours': Billionaire investor Bill Ackman calls on Biden to bail out SVB by Monday MORNING or face catastrophic market meltdown and loss of tens of thousands of jobs - Billionaire hedge fund manager Bill Ackman is predicting an economic meltdown following the collapse of Silicon Valley Bank. Ackman is urging the US government to take action to protect customers.
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URGENT WARNING! 2nd largest bank failure in US history just happened, and the FDIC is underfunded
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Now Elon Musk says he's 'open to the idea' of buying crisis-hit Silicon Valley Bank and turning Twitter into a digital bank
Musk, one of the world's richest men who already bought Twitter for $44billion last year, was responding to a Twitter user asking if 'Twitter should buy SVB and become a digital bank.'
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"Expect Mass Layoffs..." - The Real-World Impact Of SVB's Failure - "JPow got his f**king debt crisis alright"
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CBDCs Could Be "Easily Weaponized" To Spy On US Citizens: Congressman
"...the idea of the central bank digital currency has gained traction within the institutions of power in the US as a government-controlled programmable money that can be easily weaponized into a surveillance tool.”
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10 banks that may face trouble in the wake of the SVB Financial Group debacle
Silicon Valley Bank wasn't well positioned for rising interest rates, leading to losses and a dilutive capital raise. Other banks show similar red flags.
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Dow drops 359 points on losses for Caterpillar, American Express stocks - Behind declines for shares of Caterpillar and American Express, the Dow Jones Industrial Average is in selloff mode Friday afternoon. The Dow was most...
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Yellen warns U.S. House members of 'economic collapse' from default - Yellen warns U.S. House members of 'economic collapse' from default - Is she raising cash for another bank bailout?
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AUDI ARABIA OVERTAKES CREDIT SUISSE

Story:

Credit Suisse Becomes Part of Saudi Crown Prince's Vision

Credit Suisse is bringing Saudi National Bank on board as one of its largest shareholders to increase capital. At the «SNB», Saudi Crown Prince Mohammed bin Salman is pulling the strings in the background. After Khashoggi's murder, he was, at least for a while, an international pariah.

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