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Friday Flight - Bank Blow-Ups, Is Your Money Safe, & Plastered Purchases #645

How to Money

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SVB Goes Blowout - What's Happening?

CNN's John Defterios is on a Friday flight from Silicon Valley to New York. He says SVB, signature bank and Compound Bank have all gone belly up in the last week. The Fed has introduced additional safeguards to strengthen public confidence in the banking system,. But he says this isn't anything near what we experienced 15 years ago - yet.

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