Billionaire Warns of Dire Aftermath of SVB Collapse

Bill Ackman says the government made “a-soon-to-be-irreversible mistake” in its treatment of the failed bank. Billionaire US investor and hedge fund manager Bill Ackman on Saturday warned the US of dire consequences facing its banking sector and the broader economy following the implosion of Silicon Valley Bank (SVB), a major US lender focused on tech … Continue reading Billionaire Warns of Dire Aftermath of SVB Collapse

Leave a Reply

Your email address will not be published. Required fields are marked *