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The policy, O'Leary explained, means bankers can now abuse depositors' money with poor financial decisions without repercussions because the taxpayers, thanks to the federal government, will guarantee the deposits

Hannity confronts Kevin O'Leary with one blunt question about keeping money in Silicon Valley Bank: 'Run by idiots'



Fox News host Sean Hannity confronted business tycoon Kevin O'Leary on Tuesday over his decision to keep money in the now-defunct Silicon Valley Bank if, as he says, it was run by "idiots."

During an interview on Fox News, O'Leary confirmed that "many companies" in his private equity portfolio deposited money in SVB but conceded that SVB should not be bailed out. ---More...


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