US banking regulator
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Billionaire Bill Ackman: Unless the government intervenes, SVB implosion is a mistake that will soon be irreparable
It is reported that Bill Ackman, a billionaire investor, believes that the US banking regulator has messed up and should pay more attention to the bank before the collapse of Silicon Valley. Ackman warned that if the government did not intervene at the weekend to guarantee the deposits of the bankrupt banks, it might have extensive and far-reaching consequences. Interpretation of this information: Bill Ackman, a billionaire investor, has expressed his concern regarding the US banking regulator’s lack of attention towards the banking system before the collapse of Silicon Valley….
