Yellen's Backstop Message, First Republic Shares Jump, Nvidia and the AI Arms Race 03/21/23
Squawk on the Street
00:00
Is This Bank Holding Us Hostage?
David Frum: Silicon Valley was a botched save. We have another botched save which is this deposit infusion. What's with the botched saves? Like why are we so inept? He says banks were paying one, one and a half percent on now you're borrowing at 4.75%. "You just put your money out of the bank, put it in treasuries"
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Transcript
