Second biggest bank failure in U.S. history rattles financial markets
The Situation Room with Wolf Blitzer and Pamela Brown
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Silicon Valley Bank Collapse - Is This a Canary in the Coal Mine?
Silicon Valley Bank has more than $200 billion in assets. This is the biggest collapse of a bank in the United States since Washington Mutual back in 2008. The FDIC says that depositors will get their money by Monday morning up to the $250,000 insurance limit. But we know that some individuals and startups, they have more than that in the bank and it's not clear what's going to happen to them.
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