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As we've been reporting, people have been lining up at Silicon Valley Bank after the bank's surprising failure last Friday. This comes after federal officials over the weekend that people who had deposits would have access to all their funds starting today, and not just the $250,000 that are typically ensured by the FDIC.
For ore, KCBS Radio news anchor Matt Bigler spoke with Bloomberg News reporter Max Reyes.
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As we've been reporting, people have been lining up at Silicon Valley Bank after the bank's surprising failure last Friday. This comes after federal officials over the weekend that people who had deposits would have access to all their funds starting today, and not just the $250,000 that are typically ensured by the FDIC.
For ore, KCBS Radio news anchor Matt Bigler spoke with Bloomberg News reporter Max Reyes.
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