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Breaking Down SVB, Silvergate, Signature Bank and Their Impact On Crypto w/ Axios Finance Reporter, Felix Salmon l Overpriced JPEGs #144

The Carly P Reilly Show

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Silicon Valley Bank Is Not Too Big to Fail

Twitter rumored Silicon Valley Bank CEO cashed out four million dollars of his stock the day before everything went down. He was on a 10b five plan or whatever they're called and so he'd been selling stock for a while but there's a good chance that might wind up getting clawed back, says John Avlon. If you have cash on deposit at Silicon Valley Bank it is not too big to fail in fact it does fail and in the end you get your money back but only because of extraordinary actions by the by by the government said Avlon.

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