About Biden's Bailouts and Tucker's January 6th Footage
We're Not Wrong
00:00
Silicon Valley Bank
Silicon Valley Bank was essentially incentivizing these companies to put an enormous amount of money in their banks with like, yeah, give me details. There's something called insured cash sweeps, which breaks up business accounts into these $250,000 chunks. So if something like this were to happen, then they wouldn't get hit. PX3 this week on Wednesday is all about this, interviewed a VC and former tech journalist, as well as the woman who wrote the book about the WAMU crash in 2008.
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