Fox News host Tucker Carlson breaks down the collapse of Silicon Valley Bank and explains the larger ramifications for the U.S. on ‘Tucker Carlson Tonight.’
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LEARN MORE ABOUT: Bank Failures
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Tucker Carlson is a well-known conservative political commentator and Fox News host, known for his controversial viewpoints on a variety of issues. However, in recent news, he has shed light on an important economic issue – the largest bank failure since the 2008 financial crisis.
On September 15th, 2020, Wirecard, a German payments company, filed for insolvency following a scandal involving a $2 billion accounting fraud. This bankruptcy marked the largest bank failure since the 2008 financial crisis, which saw widespread collapses of major financial institutions.
Tucker Carlson, in his show on Fox News, criticized the lack of media coverage of the Wirecard scandal, noting the critical role that the company played in the global financial system. He argued that the collapse of Wirecard was a warning sign of deeper issues within the financial sector, including the influence of big tech companies like Amazon and the potential for digital currencies to disrupt traditional banking systems.
Carlson’s comments are not unfounded. The failure of Wirecard has exposed weaknesses in the regulatory and accounting systems that oversee financial institutions, including the role of auditors and the reliance on self-reporting by companies like Wirecard. The subsequent investigations into Wirecard have shown that fraud and corruption within the company went undetected for years, despite warnings from whistleblowers and journalists.
Moreover, the collapse of Wirecard has had ripple effects throughout the financial sector, with many investors losing millions of dollars due to the fraud. The scandal has also raised questions about the accountability of financial institutions and the need for stricter regulations to prevent future crises.
Overall, Tucker Carlson’s coverage of the Wirecard scandal highlights the importance of understanding economic issues and the interconnectivity of the global financial system. The failure of Wirecard has shown that even seemingly small companies can have significant impacts on the economy, and the risks of financial instability are ever-present. As such, it is crucial that we remain vigilant and aware of these risks, and work towards stronger regulatory measures to prevent future economic crises.
Anything but honesty here. Hate-mongering for money at Fox. Support for Satan is understandable in the ignorant…but you have no excuse for WILLFUL ignorance. Get out of your bubble and see the world as it is.
They are showing him without paying him now, I love socialism
This us why we prefer not to trust our current banking systems. Other, more trustworthy people could open banks and we could get rid of the FED Reserve since we know their priorities do not include US Citizens.
Why do I feel like I’m in multiple episodes of South Park
I will not watch Fox News until Tucker comes back
I am really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?
Did he spell moron wrong on purpose
This is why the Left is a FAILURE!!!
It's complete stupidity,…..
The corrupt Washington elite are all heavily invested in Big Green. They stand to skim billions, while the Americans suffer in self-imposed misery.
California state labor code states that if the employee does not receive his wages on the promised day then the employer is to pay a penalty equal to 100% of the amount for each day that payment is delayed.
These are called waiting time penalties.
I wonder if Wells Fargo is going to pay any penalties to their employees.
2008 who was president I see a pattern here
I’ve been through so much these past years to the point where I just gave up and laid there for weeks waiting to get better, but I knew nothing would get better and I’m jus t stuck in one place or just repeating a lot of stuff that happened that I knew would not get better, but one day I just decided to get away from the things that hurt me and try to be as happy as I can be and make the best of it.
I say a big thank you to bonaveststockfx for being reliable when it comes to crypto currency investment.
Bonaveststockfx is more reliable than this so called bank that ran away with our money.
Nothing good comes from California. Totally unlike the same expression for Nazareth!
Lol tucker I will take a palet just kidding well Sort of lol
Go back
More and more men are calling this The Crash Of 1929!
OWN IT CONSERVATIVES!!! YOUR PARTY OF FISCAL RESPONSIBILITY DEREGULATED EVERYTHING GUTTING DODD-FRANK…..WHEN…..WHEN WILL YOU MORONS REALIZE REPUBLICAN POLICYS ALWAYS LEAD TO FINANCIAL COLLAPSE????