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Credit Suisse / UBS Shotgun Marriage

The Young Investors Podcast

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The Fed's Decision to Cover Silicon Valley Bank's Deposits

The Fed, the Treasury and the FDIC put out a joint statement saying that they would in fact cover all of SVB's deposits. So not $250, the first $250,000, well, it doesn't matter. We'll just cover all of it. "This is very, very unusual," he says. 'It was pretty wild'

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