Billionaire investor Bill Ackman calls on Biden to bail out SVB by Monday MORNING or face catastrophic market meltdown and loss of tens of thousands
'The government has 48 hours':
Billionaire hedge fund manager Bill Ackman is forecasting 'economic meltdown' within hours of the banks opening up on Monday morning following the failure of Silicon Valley Bank.
Ackman is urging for the U.S. government to finally step in and protect all of the bank's depositors, warning inaction could lead to a ripple effect across other smaller banks within the industry. ---More...
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Daily Mail——Bio and Archives
The Daily Mail is a British daily middle-market tabloid newspaper owned by the Daily Mail and General Trust and published in London. It is the United Kingdom’s second-biggest-selling daily newspaper after The Sun.