Diamond Sports files for bankruptcy with $8B in debt
Sinclair Broadcast Group Inc.'s regional sports business Diamond Sports Group filed for bankruptcy after being unable to service debt. The filing comes three years after a 2019 deal to purchase the business from Walt Disney Co.
SVB venture capitalists ‘shamelessly fearmongered’ to get a bailout: Vivek Ramaswamy
Republican presidential candidate Vivek Ramaswamy joined ‘The Bottom Line’ to analyze the downfall of Silicon Valley Bank and its impact on the economy.
'Shark Tank' star Kevin O'Leary bashes SVB bailout, moves assets out of banks
Celebrity investor Kevin O'Leary claims federal regulators should have let Silicon Valley Bank fail rather than "panic" and change policy for the entire banking system.
Liz Peek: ‘Where were the regulators?’
Fox News contributor Liz Peek unpacks how economic policies under President Biden triggered the Silicon Valley Bank collapse on ‘Kudlow.’
Andy Puzder: The US government should ‘sell the bank as soon as they can’
Former CKE Restaurants CEO Andy Puzder blames Silicon Valley Bank’s collapse on Biden’s economic policy on ‘Kudlow.’
AMC secures shareholder approval to sell more stock
AMC Entertainment shareholders approved a 10-for-1 reverse stock split and a plan to convert APE units into common shares.
Silicon Valley Bank has become the 'poster boy for idiot management': Kevin O'Leary
O'Leary Ventures Chairman Kevin O'Leary raises moral hazards and 'unintended consequences' from regulators' bailout of Silicon Valley Bank.
US banks should prepare for 'series of major regulations': Dick Bove
Odeon Capital Group chief financial strategist Dick Bove argues the most important regulation coming will be for common equities, similar to the 2008 crisis.
After SVB, regulators should 'get rid of' risk-rated capital system: Thomas Hoenig
Mercatus Center distinguished senior fellow and former FDIC Vice Chair Thomas Hoenig argues Silicon Valley Bank's collapse confirms that 'interest rates matter.'
Investor who called Lehman collapse predicts the next big bank failure
Robert Kiyosaki, who originally forecasted the Lehman 2008 crisis, predicts the next bank to collapse in the Silicon Valley Bank contagion will be Credit Suisse.
Silicon Valley Bank collapse has left 'earthquake' impact: Ryan Gilbert
Launchpad Capital founder Ryan Gilbert says fellow clients of Silicon Valley Bank have to be patient and 'trust' the government will return their funds.
SVB client: We didn't put our money here 'to take chances'
FOX Business' Kelly O'Grady reports that smaller tech-led startups will 'very much' be impacted by Silicon Valley Bank's insolvency.
GOP lawmaker wouldn't support full-scale taxpayer bailout for collapsing banks
Rep. Ben Cline, R-Va., argues the government can't keep bailing out banks that make 'wrong decisions.'
SVB collapse shares 'bloodcurdling' similarity to Lehman collapse: Expert
The Federal Reserve incentivized bad behavior and "bloodcurdling irresponsibility" that enabled Silicon Valley Bank's collapse, according to The Bear Traps Report's Larry McDonald.
Every banking asset is 'in trouble' amid SVB collapse: Larry McDonald
The Bear Traps Report founder Larry McDonald argues current market conditions 'guarantee' a recession.
Silicon Valley Bank collapse marks worst bank failure since Great Recession
Silicon Valley Bank, the 16th largest bank in the U.S., collapsed on Friday, marking the worst bank failure since the fall of Washington Mutual during the Great Recession in 2008.
The only surprise is that it took this long: Stephanie Pomboy
MacroMavens founder Stephanie Pomboy discusses the closing of Silicon Valley Bank and how things are likely to get worse on ‘The Bottom Line.’
White House watching Silvergate in crypto fallout
White House press secretary Karine Jean-Pierre said in her Monday briefing the Biden Administration has its eyes on Silvergate after the California crypto bank delayed its annual report and announced the shuttering of its exchange network last week.
Business hotels face increased default risk in uneven travel recovery
Business hotels reliant on business trips, suffer in a post-pandemic world in which remote-meetings often replaces travel. these locations could suffer if recovery slackens.
FTX fallout hits Silvergate, bitcoin
Silvergate has delayed its annual report with the Securities and Exchange Commission after reporting a $1 billion loss for fourth quarter and is now concerned about ability to operate.