Regional Relief 3/14/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 14 March 2023
⏱️ 44 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Right now on fast, regional relief, bank stocks rebounding as the Treasury says all deposits |
| 0:06.7 | at U.S. banks, not just FVB and Signature, are safe. |
| 0:10.1 | We'll dig into the details on that and ask, is this the right way to fix what's broken |
| 0:13.8 | with the banks? |
| 0:14.8 | Plus, men as months are moved, share surging more than 7% after it announced another |
| 0:18.8 | big round of layoffs. |
| 0:19.8 | Facebook now looks over 60% this year is firing friends, the new recipe for driving |
| 0:25.4 | stock growth. |
| 0:26.4 | And later Boeing's international flight plans, the gig is up in a good way for Uber, Lyft |
| 0:30.4 | and DoorDash in crypto spring awakening. |
| 0:33.5 | I'm Melissa Lee. |
| 0:34.5 | This is fast money. |
| 0:35.5 | We're left in Azazac Market. |
| 0:36.5 | I had a full desk here on set tonight, Tim Seymour, Karen Feinerman, Courtney Garcia |
| 0:40.3 | and Guy Adami. |
| 0:41.7 | We start off with the regional bank rebound, the KRE climbing more than 2% this after the |
| 0:46.2 | Treasury Department said this morning that all deposits in all banks, not just FVB and |
| 0:51.3 | Signature, are safe. |
| 0:53.2 | Look at the gains in First Republic, PAC West, key court, metropolitan and first foundation. |
| 0:58.0 | Good times again, apparently. |
| 0:59.7 | Does this deposit insurance for all make the group more investible now? |
| 1:03.8 | And was this the right move? |
... |
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