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<blockquote data-quote="Travlr" data-source="post: 1793553" data-attributes="member: 42463"><p>Some Silicone Valley Bank (I think that was its actual name) failed, and the feds closed it down last Friday. Second largest bank failure ever, and they say there won't be a bail-out. The fed left bidding open for other banks to come in and buy it out until some time today, but will that happen? Of course the bank paid out bonuses just before it was closed.</p><p></p><p>A can of worms...</p></blockquote><p></p>
[QUOTE="Travlr, post: 1793553, member: 42463"] Some Silicone Valley Bank (I think that was its actual name) failed, and the feds closed it down last Friday. Second largest bank failure ever, and they say there won't be a bail-out. The fed left bidding open for other banks to come in and buy it out until some time today, but will that happen? Of course the bank paid out bonuses just before it was closed. A can of worms... [/QUOTE]
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