News Tries
No matter you do, do not name this a financial institution bailout.
People clutched their wallets this week when the now-defunct Silicon Valley Financial institution introduced it took a $1.8 billion after-tax loss.
The White Home labored diligently to keep away from comparisons to the 2008 monetary disaster and any point out of the B-word, as President Joe Biden defended his administration’s actions to guard depositors.