{"id":1875107,"date":"2023-03-12T15:44:10","date_gmt":"2023-03-12T19:44:10","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/vivek-ramaswamy-says-he-would-not-bail-out-the-silicon-valley-bank\/"},"modified":"2023-03-12T15:46:06","modified_gmt":"2023-03-12T19:46:06","slug":"vivek-ramaswamy-says-he-would-not-bail-out-the-silicon-valley-bank","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/vivek-ramaswamy-says-he-would-not-bail-out-the-silicon-valley-bank\/","title":{"rendered":"Vivek Ramaswamy says he would not bail out the Silicon Valley Bank"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fvivek-ramaswamy-says-he-would-not-bail-out-the-silicon-valley-bank%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1875107&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">              <script type=\"text\/javascript\" src=\"http:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script>              <\/p>\n<div id=\"Brid_78473407\" class=\"brid\" itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\"><\/div>\n<p>              <script type=\"text\/javascript\"> $bp(\"Brid_78473407\", {\"id\":\"27789\",\"width\":\"851\",\"height\":\"480\",\"video\":\"1260379\",\"autoplay\":0,\"shared\":true});<\/script>              <\/div>\n<\/p><\/div>\n<p><span class=\"ArticlePage-articleBody-firstLetter\">R<\/span>Candidate for President of the Epublican and Biotech Mogul <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/vivek-ramaswamy\" target=\"_blank\" rel=\"noopener\">Vivek Ramaswamy<\/a> Sunday&#8217;s statement was that, if he were President, he would not bail him out <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/silicon-valley\" target=\"_blank\" rel=\"noopener\">Silicon Valley Bank<\/a> or its depositors. <\/p>\n<p>&#8220;I would not bail out either SVB or even the depositors because here&#8217;s what&#8217;s actually going on. SVB made some \u2014 Silicon Valley Bank made some uniquely bad management decisions,&#8221; Ramaswamy said this to Kaitlin Collin, CNN&#8217;s State of the Union. <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/watch-vivek-ramasway-money-2024-campaign-issue\">VIVEK RAMASWAMY SAYS THAT MONEY WILL NOT BE A ISSUE IN HIS 20224 BID<\/a><\/b> <\/p>\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">              <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/embed.air.tv\/v1\/iframe\/Byyx1gThS82XRqXlUYm8Aw?organization=MoTlAWfQQXyEPg6AYxEZSw\" frameborder=\"0\" allowfullscreen style=\"position: absolute; top: 0px; left: 0px; width: 100%; height: 100%; max-width: 640px; max-height: 360px;\"><\/iframe>              <\/div>\n<\/p><\/div>\n<p>Ramaswamy stated &#8220;many&#8221; Silicon Valley executives reached him this weekend &#8220;push the narrative&#8221; Of a &#8220;bank run in America&#8221; If the bank does not get it, &#8220;bailed out.&#8221; <\/p>\n<p>&#8220;First of all, they have a depositor base that&#8217;s really concentrated of tech start-ups in Silicon Valley. A staggering nearly 90 percent of their deposits are uninsured. That&#8217;s an anomaly compared to most banks in this country,&#8221; He spoke to CNN Sunday. <\/p>\n<p>He continued, &#8220;So what&#8217;s happening right now is, a lot of Silicon Valley executives and V.C.s this weekend, many of them have even reached out to me to push this narrative that that&#8217;s going to create a bank run in America if Silicon Valley Bank isn&#8217;t actually bailed out. But what they&#8217;re doing is actually trying to create the fear of one. I think that can actually become a self-fulfilling prophecy, which is dangerous.&#8221; <\/p>\n<p>Strive Asset Management&#8217;s 37-year old multi-millionaire runs his own financial company. He examined why Silicon Valley Bank was different.<\/p>\n<\/div>\n<p><\/p>\n<hr>\n<p>&#8220;Read more from <a href=\"https:\/\/www.washingtonexaminer.com\/news\/watch-2024-candidate-vivek-ramaswamy-says-he-would-not-bail-out-the-silicon-valley-bank\">Vivek Rajaswamy said he would not bailout the Silicon Valley Bank<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RCandidate for President of the Epublican and Biotech Mogul Vivek Ramaswamy Sunday&#8217;s statement was that, if he were President, he would not bail him out Silicon Valley Bank or its depositors. &#8220;I would not bail out either SVB or even the depositors because here&#8217;s what&#8217;s actually going on. SVB made some \u2014 Silicon Valley Bank &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1897006,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[4550,5373,18538,8107,8109,18539],"class_list":["post-1875107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-bail","tag-bank","tag-ramaswamy","tag-silicon","tag-valley","tag-vivek"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1875107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1875107"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1875107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1897006"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1875107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1875107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1875107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}