Yellen: ‘US WON’T Bailout Silicon Valley Bank’. Bonuses Given Hours Before Collapse! 50% of all VC-backed Startups in the U.S. Have Exposure to SVB. FDIC Auction Underway for Silicon Valley Bank

WILMINGTON, Del. (AP) — Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money.

apnews.com/article/silicon-valley-bank-bailout-yellen-deposits-failure-94f2185742981daf337c4691bbb9ec1e?utm_campaign=SocialFlow&utm_source=Twitter&utm_medium=AP

Silicon Valley Bank gave company-wide bonuses hours before it collapsed: report

www.foxbusiness.com/politics/silicon-valley-bank-company-wide-bonuses-hours-before-collapsed-report

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SVB collapse could add to China stock investors’ anxiety

finance.yahoo.com/news/svb-collapse-could-add-china-072834021.html

h/t DOORBERT

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