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Mar 29, 2023
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becker, do you have anything to add? >> just that, i think to the extent that -- the issue of terrorism remains front and center for the chinese and central asia, i think that is addressed in conjunction with the russians -- you have seen, for example, some of the statements that xi jinping made back in october, out of the 20th congress -- the issue of trying to increase the global influence of chinese led international security organizations like the shanghai cooperation -- that is an organization that russia plays a key role in. so i would see it less as a source of competition and more of an area of cooperation. >> miss ha? >> yes. i was going to talk about the shanghai -- on the multi lateral front, i think -- and we are doing more research on this to see what happens. but i'm a multi lateral front, you see china and russia and all the central agencies and gauging more through a ceo, including with military exercises. peace mission is one of the biggest anti-terrorism exercises that they conduct as a group. and even
becker, do you have anything to add? >> just that, i think to the extent that -- the issue of terrorism remains front and center for the chinese and central asia, i think that is addressed in conjunction with the russians -- you have seen, for example, some of the statements that xi jinping made back in october, out of the 20th congress -- the issue of trying to increase the global influence of chinese led international security organizations like the shanghai cooperation -- that is an...
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Mar 14, 2023
03/23
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according to riders and this has come to light less than two weeks before svb collapse, becker soldillion dollars in shares, according to bar rons, anyone else that would be worth 0, also pressed congress in 2015 to exempt silicon valley bank because of the low business acts. congress ultimately did just that. few months ago, becker was touting the strength of svb and prospects for the future. >> we're feeling good about this the situation with the position we're in right now our balance sheet capitol ratio liquid di never been stronger. >> you would think becker could have known better after all, this is a sophisticated guy. he held a prestigious position on the board of directors of the san francisco federal reserve. right? that is until svb failed friday. now he's no longer on the board according to a fed spokesperson. nowhere to be found on the website for the board of directors. out front from the white house to begin coverage tonight and phil i know you're getting new information from your sources what are you learning >> it's interesting when you talk to senior administration
according to riders and this has come to light less than two weeks before svb collapse, becker soldillion dollars in shares, according to bar rons, anyone else that would be worth 0, also pressed congress in 2015 to exempt silicon valley bank because of the low business acts. congress ultimately did just that. few months ago, becker was touting the strength of svb and prospects for the future. >> we're feeling good about this the situation with the position we're in right now our balance...
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whereas the pool of the is getting becker and becker and becker. that's why problems in america are growing. in my opinion, the divisions in america are growing. and as a country that is very much at war with itself, i think the age of jewel biden doesn't help that. but more important than he's, each is what he stands for. this is a man who was behind the illegal invasion of a right. that's a mind to been behind. supporting tax breaks for the multi national corporations in america, but not supported a loving minimum wage for all the nu, what cars and america so it's not job biden's age. that's the i guess problem why he stands for this. the biggest problem, and that's the same to you. kima threat. she's tonight. circling back to soon acts indian heritage soon act is thereby asian. will his ethnicity be reflected in his foreign policy towards the global south or will his financial status cloud, his decision making abilities, especially since he's now been quoted as calling china and russia the enemy of the u. k. dash the, the election of richie shou
whereas the pool of the is getting becker and becker and becker. that's why problems in america are growing. in my opinion, the divisions in america are growing. and as a country that is very much at war with itself, i think the age of jewel biden doesn't help that. but more important than he's, each is what he stands for. this is a man who was behind the illegal invasion of a right. that's a mind to been behind. supporting tax breaks for the multi national corporations in america, but not...
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Mar 9, 2023
03/23
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caroline: we are hearing greg becker, the ceo, saying, stay calm. when you have founders fund cofounded by peter thiel saying there is no downside to removing deposits and y combinator perhaps advising companies to do the same it feels like there will be a crescendo effect. hannah: that is what we are keeping caps on. people are nervous. yes, they are being told to stay calm. that seems to be sparking even more anxiety among investors. we have portfolio companies on edge. we have vc's on edge. this is a very intense story. ed: what do we not know? what is there still to find out? haddock: we are certain more people are pulling funds from svb. we do not know what will happen in terms of getting the right side up. caroline: we put out our feelers and we are in constant conversation with silicon valley bank and we will bring you any up-to-date information from that particular lender. hannah miller, thank you so much. that does it for a very breaking news heavy addition of bloomberg technology. ed: tomorrow twitter space is 12:00 p.m. 9:00 a.m. pacific.
caroline: we are hearing greg becker, the ceo, saying, stay calm. when you have founders fund cofounded by peter thiel saying there is no downside to removing deposits and y combinator perhaps advising companies to do the same it feels like there will be a crescendo effect. hannah: that is what we are keeping caps on. people are nervous. yes, they are being told to stay calm. that seems to be sparking even more anxiety among investors. we have portfolio companies on edge. we have vc's on edge....
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Mar 14, 2023
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this program that becker created was created in late january.ess than a month later that he sold the shares after creating the program. i think this could only sort of accelerate the time lline for imposing the 10b51 programs. >> people on capitol hill will look at how this played out. robert frank, thank you. >>> coming up, more on the collapse of silicon valley bank. msa capital's ben harburg lays out the hurdles for the ripple effects still yet to hit "wex" is back in a moment. stay with us with powerful, easy-to-use tools power e*trade makes complex trading easier react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity >>> welcome back to "wex." the ripple effects hitting tech and life sciences companies. roblox is one of the significant deposits with silicon valley bank for more on what this means for the landscape, i'm joined by ben harburg. a beijing vc firm ben, great to have you on. i think we need to get into it what does this mean for vcs?
this program that becker created was created in late january.ess than a month later that he sold the shares after creating the program. i think this could only sort of accelerate the time lline for imposing the 10b51 programs. >> people on capitol hill will look at how this played out. robert frank, thank you. >>> coming up, more on the collapse of silicon valley bank. msa capital's ben harburg lays out the hurdles for the ripple effects still yet to hit "wex" is back...
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Mar 14, 2023
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juan: david sirota mentioned greg becker, the ceo of the failed bank.as also a member of a federal reserve bank of san francisco until this weekend. could you talk about the role of the federal reserve bank? some people are claiming the repetitious rate -- rapid interest rate hikes is leading to some of the stress in these banks. >> one of the things this the monetary policy that the interest rate hikes -- that is just the bank's fault. everyone on the market new rates were going up and they screwed up. who is any explanation? the bonds they held on for way too long. that is a bad mistake but as far as the feds supervisory role -- the fed has the monetary policy -- the fed is the entity that is supposed to look at these -- it is not just the fdic. the fdic manages just insurance, which is a very tiny portion of what causes a bank run. none of the banks in 2008 there were in the shadow banking system had -- citigroup maybe have a little bit lehman and goldman, they were not even bank holding companies at the time. the fdic is kind of a very small fish in
juan: david sirota mentioned greg becker, the ceo of the failed bank.as also a member of a federal reserve bank of san francisco until this weekend. could you talk about the role of the federal reserve bank? some people are claiming the repetitious rate -- rapid interest rate hikes is leading to some of the stress in these banks. >> one of the things this the monetary policy that the interest rate hikes -- that is just the bank's fault. everyone on the market new rates were going up and...
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Mar 30, 2023
03/23
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next doctor becker the research program director at the center for the analysis and will discuss how chinese military engagement shapes further operational environments and then we will hear from the management analyst at us department of defense to exercise with us allies and partners and went to note we give a sustained biography we are very distinguished witnesses with amazing careers there is more available for their background thank you for your testimony please keep your remarks to seven minutes and we will begin with you. >> thank you very much for allowing me to contribute to your deliberations. i will discuss the evolution of the military exercises to speculate some skills and practice with that military-industrial cooperation between russia and china and the implication of the knowledge gaps that we like to learn more about and then recommendations to the commission. it's clear russian and chinese armed forces are the most important exercise partners. these exercises begin over a decade ago but they become more important in recent years but at least several times a year wit
next doctor becker the research program director at the center for the analysis and will discuss how chinese military engagement shapes further operational environments and then we will hear from the management analyst at us department of defense to exercise with us allies and partners and went to note we give a sustained biography we are very distinguished witnesses with amazing careers there is more available for their background thank you for your testimony please keep your remarks to seven...
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Mar 14, 2023
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. >>> silicon valley bank ceo greg becker sold nearly 30 million in stock over the past two years. svb dumped more than 60 million in stock since 2021 and that's just one regional bank we'll break down some numbers next as we head to the break, throughout the month of march we celebrate women's heritage, sharing the stories of women leaders in business and those of our cnbc teammates and contributors here's jenny johnson, franklin templeton president and ceo. >> we're all capable of way more than we give ourselves credit for. women need to dream extremely big for their lives. the bigger you dream, the bigger the outcome is going to be i started rent the runway when i was 27 i didn't have any experience and the thing that has led me to where i am today is just putting one foot in front of the other and continuing to be positive, continuing to be resilient along the way. so don't give up on yourself because you will actually be able to achieve way more than you've ever dreamed of for businesses of all sizes, there are a lot of choices when it comes to your internet and technology nee
. >>> silicon valley bank ceo greg becker sold nearly 30 million in stock over the past two years. svb dumped more than 60 million in stock since 2021 and that's just one regional bank we'll break down some numbers next as we head to the break, throughout the month of march we celebrate women's heritage, sharing the stories of women leaders in business and those of our cnbc teammates and contributors here's jenny johnson, franklin templeton president and ceo. >> we're all capable...
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Mar 19, 2023
03/23
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that summer, jessie also wo the title rolled in the loca production, "fiddler at th roof", jerry beckere show >> did she just fully embraced it >> she, did she enjoyed bein the person who really opens th show and sets the mood, sets the feeling. >> it was july 14th, after the sunday matinee jessie and the cast gathered for a pool party >> we went out to a cast members farm, he had a pool an some llamas and other animal there. i left early with my family. and i remember her sitting there and said goodnight and thanked her for he performance. >> she came home around, wha time >> it was late 12:30, i believe >> you are still awake >> i waited up for her i couldn't go to sleep until i heard that she was in th house. >> they chatted briefly an said goodnight the next morning, jessie's mom popped into her daughters room before work and saw jessie still fast asleep. >> nothing that you could ever think was odd when you left? >> no, no, and this was he first morning to sleep in for very long time >> joy returned home for lunch and saw that jessie wasn't downstairs, ready for he afternoon violin
that summer, jessie also wo the title rolled in the loca production, "fiddler at th roof", jerry beckere show >> did she just fully embraced it >> she, did she enjoyed bein the person who really opens th show and sets the mood, sets the feeling. >> it was july 14th, after the sunday matinee jessie and the cast gathered for a pool party >> we went out to a cast members farm, he had a pool an some llamas and other animal there. i left early with my family. and i...
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Mar 10, 2023
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we are trying to reach out to the silicon valley bank ceo greg becker.e are told and there were reports that he was asking a lot of his venture capital customers, clients to stay calm, to not get too the razzled by in the. a lot of tech founders, we are told, in the middle of all of this who are just trying to get a sense whether they still had money at the bank. the move on the part of government regulators today to shut it down and to garon toe that, yeah, you -- guarantee that, yeah, you still have money in the bank, we don't the know if it's still subject to limitations, $25 the 0,000 on fdic deposits and all of that. the government went out of its way to say you're protected, you're protected, you're protected. you don't want people to say, well, if it's happening to this bank, could it happen to my bank? and, again, that is the kind of thing the government tries to prevent. again, that was some of the early indication that that we had back during the meltdown in 2008 and 2009 that fed on itself. we are nowhere near that, my friends. i'm only relayi
we are trying to reach out to the silicon valley bank ceo greg becker.e are told and there were reports that he was asking a lot of his venture capital customers, clients to stay calm, to not get too the razzled by in the. a lot of tech founders, we are told, in the middle of all of this who are just trying to get a sense whether they still had money at the bank. the move on the part of government regulators today to shut it down and to garon toe that, yeah, you -- guarantee that, yeah, you...
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Mar 15, 2023
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and look at this guy greg becker. he is a he is poof work.sat down last week and talked about how healthy the silicone valley bank was. and he says we have a sparkling future. and then they went ahead and lost $1.8 billion. then he scrambled to raise $2.25 billion and in the middle of that, they lost everything. not before he cashed out for 3.4 million worth of stock. and they say. >> ainsley: the week before. >> brian: congress is going to investigate. of course they are going to investigate. why would you tolerate having seven people on a board only one with experience and this guy is known best for the amount of donations he gave to democratic causes. so this is unbelievable. >> ainsley: the ceo and cfo another guy daniel beck. greg becker the ceo and daniel beck the cfo both sold shares one week before. greg becker the ceo sold shares on february 27th, sold for 2.3 million and a little more than 575,000 sold shares on february 17th. >> brian: there should be a law against that. wouldn't you think? got to claw it back. >> steve: that's why
and look at this guy greg becker. he is a he is poof work.sat down last week and talked about how healthy the silicone valley bank was. and he says we have a sparkling future. and then they went ahead and lost $1.8 billion. then he scrambled to raise $2.25 billion and in the middle of that, they lost everything. not before he cashed out for 3.4 million worth of stock. and they say. >> ainsley: the week before. >> brian: congress is going to investigate. of course they are going to...
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i think ukraine is desperate to show is western beckers that it can push the russians back further. those last big victories, were it last autumn in for song and how to give and basically there's a sense here that in the west is gonna force ukraine to negotiating table on some kind of russian terms. if they don't prove that they can win. but i don't think that conference it is going to be anyone in the apartment right now, the ukrainian forces all really tightly as surrounded by russians there. there's just a very small bottleneck connecting the city with ukrainian health territory. so the question i think now is whether the ukrainians 1st have to leave by moot as it seems most to nato and us top bras would want them to do. or if they can keep going about will try and draw russian attention russian resources to their positions. their back while looking account fronts of somewhere else, and kind of do both at same time. and that's the question right now. and that does seem to be a difference of opinion that between here and certainly the u. s. let's take a look now at some other stor
i think ukraine is desperate to show is western beckers that it can push the russians back further. those last big victories, were it last autumn in for song and how to give and basically there's a sense here that in the west is gonna force ukraine to negotiating table on some kind of russian terms. if they don't prove that they can win. but i don't think that conference it is going to be anyone in the apartment right now, the ukrainian forces all really tightly as surrounded by russians there....
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Mar 14, 2023
03/23
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into the silicon valley bank collapse, a shareholder lawsuit has been filed against the ceo greg becker other executives. becker sold over $3 million+ in stock weeks before the bank collapsed and paying out bonuses hours before the bankruptcy and what about warnings a few weeks ago by fdic saying there was a major vulnerability in the banking system with banks holding $620 billion worth of unrealized losses and depreciating assets and does this svb debacle mean the too big to fail banks like jp morgan and bank of america get bigger from here? do people take their money out of regional bank and go to big four and customers opened billions in new acts in the big four -- accounts in the big four lenders in the last 24-48 hours. stuart: big banks will get bigger and money flowing into them in a crisis and that tells the story. susan: that hurts the customers and means your deposits are less. stuart: maybe the crisis is beginning to wind down a little. would you say yes? >> susan: would agree. look at stock price following and it's open and maybe the fed rate hikes and slowly get cuts at the
into the silicon valley bank collapse, a shareholder lawsuit has been filed against the ceo greg becker other executives. becker sold over $3 million+ in stock weeks before the bank collapsed and paying out bonuses hours before the bankruptcy and what about warnings a few weeks ago by fdic saying there was a major vulnerability in the banking system with banks holding $620 billion worth of unrealized losses and depreciating assets and does this svb debacle mean the too big to fail banks like jp...
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Mar 16, 2023
03/23
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minute and on shotek honda, the shot of this french player hit the crossbar after hitting alison becker's fingers, and they had several chances to open liverpool's goal until vinicius jr. scored in the 79th minute. in the yard i was penalized for scoring a goal and in an unbalanced situation, benzema's cross reached and the captain of real opened liverpool's empty net, so that the galaxy players ended the game with just one goal. the final quarter of the rcd napoleonic night, frankfort, the spalt students, who went into the match with a 20 victory at the opponent's house, with a comfortable feeling of being low , opened the opponent's gate three times last night and went to the next stage with authority. in this match, after a few the situation while it seemed that the first half was goalless at the end, in the second minute of stoppage time, simen opened the gate, the second half was 53, and he doubled the difference after this goal. that the difference reached three goals and at the end of this game, napoli won by 30 points, so that the dominant leader, with a total of 50 points in two
minute and on shotek honda, the shot of this french player hit the crossbar after hitting alison becker's fingers, and they had several chances to open liverpool's goal until vinicius jr. scored in the 79th minute. in the yard i was penalized for scoring a goal and in an unbalanced situation, benzema's cross reached and the captain of real opened liverpool's empty net, so that the galaxy players ended the game with just one goal. the final quarter of the rcd napoleonic night, frankfort, the...
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Mar 13, 2023
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we had a shareholder last just filed minutes ago, blaming becker and other executives for failing toe risk associated with the rising interest rates. now as a result of the collapse, there are concerns about other similar smaller banks that are also at risk. all three of them are sharply down in the session right now. wall street is concerned that the panic may spark a bank run as well. now the fed has stepped in and also to make extra cash available to make sure there is a contagion. and to make sure businesses and households are also protected as well. guys. >> john: all right, susan li, thank you. speed to her company has at least $10 million deposited at the bank and has been trying for days to recover the funds. let's bring in ashley turner. she joins us now. actually, we can only imagine how stressful the past few days have been for you and your company, your employees. $10 million in this bank. what have you been able to access? what is your situation right now? >> thanks so much for having me. we were very lucky before this happened with svb, so it still business as usual. no
we had a shareholder last just filed minutes ago, blaming becker and other executives for failing toe risk associated with the rising interest rates. now as a result of the collapse, there are concerns about other similar smaller banks that are also at risk. all three of them are sharply down in the session right now. wall street is concerned that the panic may spark a bank run as well. now the fed has stepped in and also to make extra cash available to make sure there is a contagion. and to...
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Mar 17, 2023
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becker was talking about might actually have been a set of necessary guardrails. andy lowry of the atlantic argues that americans should be outraged over all of this. there is no success story here, she writes, the complexity of financial regulations and the dullness of balance sheet minutia should not lull any american into misunderstanding what has happened. the bank failed. the government failed. once again, the american people are propping up a financial system incapable of rendering itself safe. joining us now is annie lowry, staff writer the "the atlantic" and the author of "give people money. it's good to see you thank you for being here >> it's great to see you, too, alex thanks so much for having me. >> i wish we were talking about cheerier things but i do want to get your thought on how -- let's just start with the regulatory roll-backs, right? i think people -- it was a bipartisan effort to roll back some of these dodd/frank protections in 2018, i believe it was 13 democrats worked to repeal those parts of dodd/frank act for these midsize td banks, mids
becker was talking about might actually have been a set of necessary guardrails. andy lowry of the atlantic argues that americans should be outraged over all of this. there is no success story here, she writes, the complexity of financial regulations and the dullness of balance sheet minutia should not lull any american into misunderstanding what has happened. the bank failed. the government failed. once again, the american people are propping up a financial system incapable of rendering itself...
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Mar 11, 2023
03/23
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title is the big truth upholding democracy in the age of the big lie, and major garrett and david becker are the coauthors of this book. [applause] >> mr. garrett is a washington correspondent for cbs news, host and creator of takeout -- the takeout and debrief podcasts. he has also written a book which i have not yet read but title intrigues me. mr. trump's wild ride. and the other book is the 15 biggest lies in politics. david beck who is sitting next to me, i said you've got the best jacket, executive director and founder of the nonpartisan center, national expert on elections has worked in elections for more than 25 years and litigated major cases as a trial attorney in the department of justice under the obama and bush, gw bush administrations. our second author, this is the book that kind of appeals to some of us, maybe one or two, is called the aftermath. the last days of the baby boom and the future of power in america. mr. bump is -- [applause] i picked it up with some trepdation because i'm in that age group. but it's the last days of the boomers in some ways. so if you're want
title is the big truth upholding democracy in the age of the big lie, and major garrett and david becker are the coauthors of this book. [applause] >> mr. garrett is a washington correspondent for cbs news, host and creator of takeout -- the takeout and debrief podcasts. he has also written a book which i have not yet read but title intrigues me. mr. trump's wild ride. and the other book is the 15 biggest lies in politics. david beck who is sitting next to me, i said you've got the best...
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Mar 16, 2023
03/23
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brynn talkington helene becker is joining us now. to fedex and the results in overtime. nice to see you. i was reading some research today and some general reports about this company, stock is up 20% since december reading an analyst here who said we do not believe the optimism is yet justified what about you >> yeah. we have an outperform rating on fedex and our view is that you have a pretty new management team, relatively new ceo, and cfo, and they're really focused on getting costs down. one of the biggest announcements they had earlier this year was that they were going to have layoffs of about 10% of the corporate workforce of senior managers and they never have done that. they usually offer early retirement programs, or things like that. but this was the first time they actually went down the layoff path and i think they're serious about wanting to cut costs, and i think that's part of it. so, even though we expect volumes to be down, and you probably knew this better than i do, but most of the time after they report earnings,
brynn talkington helene becker is joining us now. to fedex and the results in overtime. nice to see you. i was reading some research today and some general reports about this company, stock is up 20% since december reading an analyst here who said we do not believe the optimism is yet justified what about you >> yeah. we have an outperform rating on fedex and our view is that you have a pretty new management team, relatively new ceo, and cfo, and they're really focused on getting costs...
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Mar 18, 2023
03/23
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before the bank was seized by federal regulators, and there is sharp focus on former ceo gregory becker's role with groups that actively lobbied to lift regulations put in place after the 2008 banking crisis >> at leasast enough vitriol is coming from members of both parties s here after this collapse of silicon valley bank to at least move forward with some scrutiny on the banking sector itself from washington. >> reporter: and tonight the house financial services committee has announced it will hold its first hearing into the failures of both silicon valley and signature bank later this month, lester. >> kristen welker at the white house, thank you. >>> in france tonight more violent protests erupting after french president emmanuel macron pushed through a highly unpopular change to the nation's retirement age molly hunter is there. >> reporter: across paris tonight, protests against french president emmanuel macron, hours after two no confidence motions were filed against his government. protesters gathered at the place de la concorde starting a massive bonfire, clashing with police in
before the bank was seized by federal regulators, and there is sharp focus on former ceo gregory becker's role with groups that actively lobbied to lift regulations put in place after the 2008 banking crisis >> at leasast enough vitriol is coming from members of both parties s here after this collapse of silicon valley bank to at least move forward with some scrutiny on the banking sector itself from washington. >> reporter: and tonight the house financial services committee has...
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Mar 20, 2023
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remember, gary becker and the other ceos of these multibillion-dollar banks came to washington back insaid lighten the regulations on us. donald trump ran for president saying i will lighten the regulations on these big banks. he gets put in and he puts in bank regulators who lighten the regulations. he then goes to congress and says to congress, give them the authority to lighten regulations even more and congress with help from both parties obliged him and then jerome powell just took a flame thrower to the regulations, weakened them, weakened them, weakened dozens of the regulations and then the ceos of the bank did exact he what we expected. they loaded up on risk that boosted short-term profits and they gave themselves huge bonuses and salaries and exploited their banks so the problem we now face is twofold as you describe this. what will we do to make sure that the banks across the system are stable and that is the big banks. the little community banks are doing great, but these banks that are multibillion-dollar banks. how are we going to make sure that they are stable and that
remember, gary becker and the other ceos of these multibillion-dollar banks came to washington back insaid lighten the regulations on us. donald trump ran for president saying i will lighten the regulations on these big banks. he gets put in and he puts in bank regulators who lighten the regulations. he then goes to congress and says to congress, give them the authority to lighten regulations even more and congress with help from both parties obliged him and then jerome powell just took a flame...
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Mar 17, 2023
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becker was talkin about.americans should b outraged over all of this. there is no success for a she, writes the complexity financia regulations and the dullness o balance sheet minutiae i shoul not allow -- misunderstanding what ha happened in the bank failed the government failed. once again, and the american people are propping up a financial system incapable o rendering itself safe. joining us now is annie lowry, staff writer at the atlantic and the author of give peopl money. annie, my friend it's great to see you. thank you for being. yeah >> it's great to see yo too. thank you for having me. >> i wish we were talking abou cheery or things i do want to get your thoughts on, let's start with the regulatory rollbacks i think it was a bipartisa effort to rollback some of these dodd-frank protections i 2018, it was 13 democrat worked to repeal those parts o the dodd-frank act, thes mid-sized bags, mid size banks that had 200 billion dollar in assets my question to you as. these are people, democrats wh names
becker was talkin about.americans should b outraged over all of this. there is no success for a she, writes the complexity financia regulations and the dullness o balance sheet minutiae i shoul not allow -- misunderstanding what ha happened in the bank failed the government failed. once again, and the american people are propping up a financial system incapable o rendering itself safe. joining us now is annie lowry, staff writer at the atlantic and the author of give peopl money. annie, my...
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Mar 19, 2023
03/23
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KGO
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starting back in 2016 or so, these multibillion dollar banks that like svb, in fact, gary becker, theon and kept saying, lighten the regulations on us. we're just, like, tiny little banks, so ease up on the regulations. donald trump then ran for president promising he would ease up on the regulations on these multibillion dollar banks. he was then elected president, and he put in a lot of regulators who eased up on banking regulations. trump then went to congress, and he said, let's ease up even more, and with the help of both parties passed laws to roll back on regulations and open the door to easing up even more. then jerome powell, the chairman of the fed, stepped up and took a flamethrower to the regulations saying, i'm doing this because congress let me do it, and what happened was exactly what we should have predicted, and that is the banks -- these big multibillion dollar banks loaded up on risk. they boosted their short-term profits. they gave themselves huge bonuses and big salaries, and they exploded their banks, and so where we stand now is now the federal government's got
starting back in 2016 or so, these multibillion dollar banks that like svb, in fact, gary becker, theon and kept saying, lighten the regulations on us. we're just, like, tiny little banks, so ease up on the regulations. donald trump then ran for president promising he would ease up on the regulations on these multibillion dollar banks. he was then elected president, and he put in a lot of regulators who eased up on banking regulations. trump then went to congress, and he said, let's ease up...
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Mar 15, 2023
03/23
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FOXNEWSW
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>> emily: i want to go back to the shares, we know that the ceo greg becker and daniel beckett sharedfore it collapsed, and becker according to "the wall street journal," his shares are worth 2.3 million, and that's partly why the shareholders have been discussing have sued them, because remember that there is protection and there is insurance, but the shareholders to a degree were not protected, so they are suing civil and also alleging criminal liability. they are alleging concealment of these two, so there is a hefty liability that might be on the hook for, but i want to point out why this is so important in addition to being a page out of paul pelosi's playbook that the day that these guys sold their shares was the day that new rules were put in place to prevent against this happening, that brought in that window to 90 days to ally suspicion of illegal training, so essentially they knew even if they waited one more minute, they would be subjected to a longer window before getting that income, crazy how that coincidence of time rings through, so the sec has a lot on its hands as do
>> emily: i want to go back to the shares, we know that the ceo greg becker and daniel beckett sharedfore it collapsed, and becker according to "the wall street journal," his shares are worth 2.3 million, and that's partly why the shareholders have been discussing have sued them, because remember that there is protection and there is insurance, but the shareholders to a degree were not protected, so they are suing civil and also alleging criminal liability. they are alleging...
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Mar 18, 2023
03/23
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KGO
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his lawyer saying in a statement that becker conducted himself properly at all times. first republic's executives sold millions in stock in recent months. the bank not commenting on those sales. overnight moody's became the latest credit agency to downgrade first republic. another wild card for these banks is the federal reserve, which could now raise interest rates by less than expected to ease up pressure on these banks. that could be good news if you're trying to take out a new mortgage or pay off your credit card debt, whit. >> all right. sthulz schulze, thank you. >>> now to the investigation into former president trump's handling of classified documents. sources telling abc news that a federal judge has ruled trump's attorney must give more testimony to a grand jury. abc's jay o'brien is in washington with the latest. jay, good morning to you. >> reporter: whit, good morning to you. all of these proceedings are secret, they're kept away from public view because they're part of an ongoing federal grand jury investigation, but sources telling abc news that evan cor
his lawyer saying in a statement that becker conducted himself properly at all times. first republic's executives sold millions in stock in recent months. the bank not commenting on those sales. overnight moody's became the latest credit agency to downgrade first republic. another wild card for these banks is the federal reserve, which could now raise interest rates by less than expected to ease up pressure on these banks. that could be good news if you're trying to take out a new mortgage or...
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Mar 12, 2023
03/23
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bloomberg also reported the ceo of s bk gregory becker sold ck before the company collapsed.t exactly do you think occurred here? >> well, first of all, we need all the facts. i think money should be clawed back and used for places like silicon valley community center in my district -- >> clawed back from the ceo who you know? >> clawed back from the ceo who i've known, but whether there was something nefarious or not, you know 10-b-5s where they have to make the sale years before -- >> regulatory filing. >> or a month before. i don't want people to jump to conclusions but all that money should be clawed back and given to the depositors. >> to the depositors insured or otherwise? >> insured or otherwise. >> what do you think the big picture impact is or could be on the heart of american novation port t s competitiveness? re looking fores to cimatework, companies that are keeping us ahead of china on a.i. and defense technology, all of them are at risk. some of them will go under. some of them are going to be laying people off. people aren't going to be able to make their rent
bloomberg also reported the ceo of s bk gregory becker sold ck before the company collapsed.t exactly do you think occurred here? >> well, first of all, we need all the facts. i think money should be clawed back and used for places like silicon valley community center in my district -- >> clawed back from the ceo who you know? >> clawed back from the ceo who i've known, but whether there was something nefarious or not, you know 10-b-5s where they have to make the sale years...
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Mar 12, 2023
03/23
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RUSSIA24
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one of the twenty largest american commercial banks shortly before bankruptcy, the bank's ceo, greg beckers worth 3.5 million dollars, the organization conducted an unsuccessful transaction with securities. after that, the bank decided to compensate for the losses and sold shares for $ 2 billion, but this move caused a panic venture firm recommended that customers quickly withdraw money from the bank and fin and the organization. it simply could not stand such a raid on deposits , the position of the silicon valley bank deteriorated so rapidly that it simply would not last until the end of the working day, depositors withdrew their money. with such speed that the bank became insolvent under such conditions, the closure became inevitable , the silicon valley bank promised to give depositors monday access. but people complain that it will not be easy to get their money back, we will not get access to the entire account, but only to $250,000 on monday, but after that we'll be trying to access our own money for a month. however, we cannot run our business without access to our contributions. w
one of the twenty largest american commercial banks shortly before bankruptcy, the bank's ceo, greg beckers worth 3.5 million dollars, the organization conducted an unsuccessful transaction with securities. after that, the bank decided to compensate for the losses and sold shares for $ 2 billion, but this move caused a panic venture firm recommended that customers quickly withdraw money from the bank and fin and the organization. it simply could not stand such a raid on deposits , the position...
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Mar 27, 2023
03/23
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KGO
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daniels had attempted to sell her story about having an affair with trump unit instead of buying it, becker directed her to michael cohen who arranged the payoff at the heart of this case. he may be able to shed light as to why trump wanted to buy her silent so close to the election. this was pecker second appearance in front of the grand jury. unclear when the grand jury will make his decision about whether or not to indict the former president. david. >> david: all right, giancarlo in new york tonight feared when when we come back, real concerns over the drinking water in philadelphia and the areas around the city. triggering this water safety scare peered president biden briefed today pure news coming in from city officials there in a moment. just like i stole kelr in high school. you got no game dude, that's a foul! and now you're ready to settle the score. game over. and if you don't have the right home insurance coverage, well, you could end up paying for all this yourself. so get allstate, and be better protected from mayhem, yeah, like me. thanks, bro. take a lap, rookie. real matur
daniels had attempted to sell her story about having an affair with trump unit instead of buying it, becker directed her to michael cohen who arranged the payoff at the heart of this case. he may be able to shed light as to why trump wanted to buy her silent so close to the election. this was pecker second appearance in front of the grand jury. unclear when the grand jury will make his decision about whether or not to indict the former president. david. >> david: all right, giancarlo in...
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that's the sea of galilee to w's. becker it has went there. the sea of galilee in northern israel. the lake has been a vital water source for millennia. fed by the jordan river, which continues down to the dead sea. it's a place of pilgrimage for christians and it israel's main fresh water reservoir. but climate change and years of over use have been threatening. its survival is red was after 4 or 5 consecutive years of drought. and we watched the level of the day a lake. i do lake near at sea of galilee drop every year, drop more and more until the level that we cannot pump from it any more. now in a world 1st project is round. hopes to make that problem a thing of the past, by using dsl a night had water to refill the fresh water lake. the water in varying here vary for membrane. we'd spoken out the big particle. okay. after that, the water going through the reverse of north of membrane, which is the thick as that. and then the main process. israel has been desalination water for more than 2 decades. nearly all of its drinking water comes from the sea . so from the mediterranean
that's the sea of galilee to w's. becker it has went there. the sea of galilee in northern israel. the lake has been a vital water source for millennia. fed by the jordan river, which continues down to the dead sea. it's a place of pilgrimage for christians and it israel's main fresh water reservoir. but climate change and years of over use have been threatening. its survival is red was after 4 or 5 consecutive years of drought. and we watched the level of the day a lake. i do lake near at sea...
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s lead these chief executive officer, greg becker. he sold $3600000.00 of companies stock less than 2 weeks before this all went down. and other interesting fact, as the bees chief administrative officer was none other than the cfo, all the lehman brothers, you know, the largest bankruptcy falling in u. s. history, which has thought to have played a major role in the global financial crisis of 2008. yep. that one. so how did it get to this? well, as phoebe didn't even have a chief risk officer for almost a year, and when they finally replaced the old one, this january, the new one seemed more preoccupied in promoting every liberal calls out there, rather than focusing on the train right ahead. should our water kura clear how severe the fall out? we'll be. turns out the majority of us would be deposits weren't even insured, which takes things to a whole other level. every one is now on guard, hoping and likely praying that governments intervene and save them and themselves for that matter. because we all know by now how one banks colla
s lead these chief executive officer, greg becker. he sold $3600000.00 of companies stock less than 2 weeks before this all went down. and other interesting fact, as the bees chief administrative officer was none other than the cfo, all the lehman brothers, you know, the largest bankruptcy falling in u. s. history, which has thought to have played a major role in the global financial crisis of 2008. yep. that one. so how did it get to this? well, as phoebe didn't even have a chief risk officer...
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you know, who did managed to withdraw on the, in time as sleep these chief executive officer greg becker. he sold $3600000.00 of company stock less than 2 weeks before this all went down. another interest. in fact, as the bees chief administrative officer was none other than the cfo, all the lehman brothers, you know, the largest bankruptcy falling in u. s. history, which has thought to have played a major role in the global financial crisis of 2008. yep. that one. so how did i get to this? well as sleepy, didn't even have a chief risk officer for almost a year. and when they finally replaced the old one, this january, the new one seemed more preoccupied in promoting every liberal calls out there, rather than focusing on the train right ahead. should our water cutter clear how severe the fall out will beat? turns out the majority of us to be deposits weren't even insured, which takes things to a whole other level. everyone is now on guard, hoping and likely praying that governments intervene and save them and themselves for that matter. because we all know by now how one banks collapse c
you know, who did managed to withdraw on the, in time as sleep these chief executive officer greg becker. he sold $3600000.00 of company stock less than 2 weeks before this all went down. another interest. in fact, as the bees chief administrative officer was none other than the cfo, all the lehman brothers, you know, the largest bankruptcy falling in u. s. history, which has thought to have played a major role in the global financial crisis of 2008. yep. that one. so how did i get to this?...
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Mar 2, 2023
03/23
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ALJAZ
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opposition part to see it be like a stumbled mayor but since he comes from the nationalist parts, becker on men believe that the main opposition will not allow with and can michael the start all the seems to be the de facto a potential candidate. but of course we're talking about turkish president project . i. bardon, who won all elections so far within his reign of more than 20 years, it is going to be a challenging one because either side for either side, there are so many it challenges to deal with if they, if he or she wins the election. thank you very much for that. seen him go see life or is there in ankara now the turkish government, meanwhile, is giving financial support to people and businesses to recover from the earthquakes . it's also banned staff from being sags from their workplaces in affected areas, but authorities are under pressure from survivors will say the emergency response was to snow. hush him, i have our report from the city of german done that. these are tough times for the day have that turned where she lives was overcrowded. so she sent 2 of her children along
opposition part to see it be like a stumbled mayor but since he comes from the nationalist parts, becker on men believe that the main opposition will not allow with and can michael the start all the seems to be the de facto a potential candidate. but of course we're talking about turkish president project . i. bardon, who won all elections so far within his reign of more than 20 years, it is going to be a challenging one because either side for either side, there are so many it challenges to...
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it would allow parliament to override supreme court decisions are a becker it is our correspondence in jerusalem, who brought us the latest from outside israel's parliament, the class it yeah, that's right. get hard. the biggest workers union in the country cold for that national strike. and we're seeing that come into effect, as you mentioned in the late in the airport, have grounded all our flights incoming and outgoing our. we've seen hospital saying that they're also going to take part in the strike with only emergency services being available. that's as of tomorrow. schools, universities on strike are one thing that isn't on strike though, is the trains and many people using the train system to come in to jerusalem, where i am now standing outside the connected to protest. you mentioned that there are already thousands of people gathered and there are, i can hear them. i don't know if you can, but they are. they are protesting today that the major protest is set to begin in about an hour's time, but people are gathering and we're expecting it to go on of much of the day and into t
it would allow parliament to override supreme court decisions are a becker it is our correspondence in jerusalem, who brought us the latest from outside israel's parliament, the class it yeah, that's right. get hard. the biggest workers union in the country cold for that national strike. and we're seeing that come into effect, as you mentioned in the late in the airport, have grounded all our flights incoming and outgoing our. we've seen hospital saying that they're also going to take part in...