US Govt Rules Out Silicon Valley Bank Bailout, Wants to Avoid 'Contagion'

George4

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US Govt Rules Out Silicon Valley Bank Bailout, Wants to Avoid 'Contagion' US regulators on Friday took control of SVB -- a key lender to US startups since the 1980s -- after a run on deposits made it no longer tenable for the medium-sized bank to stay afloat on its own
 
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