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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: hclasvegas   😊 😞
Number: of 15062 
Subject: Ken Griffin on the svb bailout,
Date: 03/15/2023 7:33 AM
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https://www.ft.com/content/aeb9ef58-6fc1-45af-88b2...

Ken Griffin, founder of hedge fund Citadel, said the rescue package for Silicon Valley Bank unveiled by US regulators shows American capitalism is 'breaking down before our eyes'.

Griffin told the Financial Times that the US government should not have intervened to protect all SVB depositors following the collapse of the Santa Clara-based bank on Friday.''
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