Federal agencies investigate Silicon Valley Bank's collapse

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The Department of Justice and the Securities and Exchange Commission are investigating the Silicon Valley Bank collapse. CBS News anchors Lana Zak and Elaine Quijano spoke with John Geiringer, a partner at Barack Ferrazzano Kirshbaum and Nagelberg, about what authorities look at in such cases and what this investigation could mean for company executives.

#news #siliconvalleybank #banking

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Feds Findings : Fake it to make it's were in charge. 🤣

WeylandLabs
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Completely backwards. Let's prop up the bank then investigate it.

AwkwardTruths
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The public loves to speak ilk of regulators. Constantly vilified as killers of capitalism and growth. Eventually, the mismanagement from greed has negative impact. Now, the public outcry is that regulators failed to do their jobs. Truly sad.

randallmadison
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Bank too concerned equity, inclusion, diversity, wokeism and went broke

richardc
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Are these anchors twins or something lol

PERFECTDARK
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Financial Armageddon is here.
Funny money printing is coming home to roost.
Time to stock up on iodine pills.

jaym