Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
EXPOSED: Silicon Valley Bank Collapse Cause By GROSS Incompetence
Posted
April 29, 2023
Views
25,475
Likes
1,075
Comments
116
Engagement
4.68%
April 29, 2023
25,475
1,075
116
4.68%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
10:14Now PlayingThe Federal Reserve is seemingly taken accountability for the collapse of Silicon Valley Bank, blaming their failure to properly regulate the bank in addition to failures in management from the bank's leadership team. John Iadarola, Wosny Lambre, and David Doel discuss on The Young Turks. Watch TYT LIVE on weekdays 68 pm ET.
Read more HERE:
"In a hotly anticipated banking report released Friday morning, the Federal Reserve said it failed to take sufficient action to prevent the collapse of Silicon Valley Bank, while detailing serious management oversights by the lender’s executives.
The Fed, which is SVB’s primary regulator, took responsibility for its own lapses, saying that supervisors “did not fully appreciate the extent of the vulnerabilities as Silicon Valley Bank grew in size and complexity” and “did not take sufficient steps” to ensure that SVB address its problems quickly."
***
The largest online progressive news show in the world. Hosted by Cenk Uygur and Ana Kasparian. LIVE weekdays 6-8 pm ET.
Help support our mission and get perks. Membership protects TYT's independence from corporate ownership and allows us to provide free live shows that speak truth to power for people around the world. See Perks▶
SUBSCRIBE on YOUTUBE☞
📬 Newsletters
If you want to watch more videos from TYT, consider subscribing to other channels in our network:
The Watchlist
Indisputable with Dr. Rashad Richey
Unbossed with Nina Turner
The Damage Report ▶
TYT Sports ▶
The Conversation ▶
TYT Investigates ▶
#TYT #TheYoungTurks #BreakingNews
230428__TA04SVB
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
