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Banks Begin Failing as Biden Authorizes FDIC Takeover: How to Prepare | Facts Matter
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5 views • March 20, 2023
FACTS MATTER
ROMAN BALMAKOV
On March 10, Silicon Valley Bank was closed by financial regulators, and given the fact that they had over $175 billion worth of deposits, they are the second largest bank to fail in all of U.S. history. But then, it got worse: just yesterday, another bank also suddenly failed.
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