What happens if a bank goes under?

The Financial Exchange Show - A podcast by The Financial Exchange Network

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Chuck Zodda and Mike Armstrong cover the Silicon Valley Bank debacle. The guys detail what happens if a bank becomes insolvent and what the FDIC covers. The February jobs report was released and it shows US employers added 311,000 jobs for the month. Something fishy is going on at the MBTA. The commuter service limits speeds on the subway to 25 mph.