Happy Monday, everybody. Hope you had a truly, truly great weekend. There's so much to talk about.

And, you know, my job is to really break through all the noise and try to just give you one new story

and just break it down and unpack and explain it. And today I need to talk about Silicon Valley Bank.

I used to bank there, the North Star and this podcast to break down. We used to have accounts there,

and by used to, I don't mean we put our money out just in time. We stopped banking there a few years ago,

but I know a lot of people that bank there and thousands of companies that bank there,

and it's the second largest bank to crash in modern American history.

And already conservatives and billionaires are saying, the government has to bail them out.

The same conservatives that won't bail out people with student loan debt,

that won't bail out people with medical debt, all of a sudden the government has to bail out billionaires who bombed at this bank.

I need to explain what happened, what went down, and how it might impact all of us.

Glad you're here. Let me unpack and explain it. This is Sean King and you're listening to the breakdown.

The breakdown.

Silicon Valley Bank is a huge, huge bank, but because they don't have ATMs and branches on every corner in America,

they weren't a household name like Chase or Bank of America or Wells Fargo.

And yet they had billions and billions of dollars from so many corporations and everyday people there in the bank.

Silicon Valley Bank, if from the title you should know, Silicon Valley,

we're talking really about the Bay Area of Northern California,

which is really the tech hub of the United States and arguably has been the tech hub of the world.

Silicon Valley Bank has been a bank that really specialized in providing accounts,

not only to major corporations in Silicon Valley,

but tech startups all over Silicon Valley, all over at first, all over California,

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