John, thank you very much and right now on fast, bruised and battered from the

regionals to the big money center banks. It has been a most painful day. The

biggest loser, Silicon Valley Bank, more than cut in half. We will go inside this

crushing day for the sector. Plus the president's budget is that to take a bite

out of your investments, the massive proposed hike in capital gains taxes for

high income individuals. Then Bob Eiger's L.A. Fireside Chat costs cuts to

who load a ESPN and succession. Out the show is succession. The latest on the

state of business at the Magic Kingdom and later an electric rebound for a

once mighty Dow component. The reason GESGE is one of this year's big winners.

In from Alyssa Lee, I'm Tyler Matheson and welcome everybody to fast

money live from the Nasdaq Market site. On the desk tonight, Tim Seymour, he's

really on the desk. He's here with me, the two lonely guys. Julie Bale, Jeff

Mills and Guy Adami, welcome everyone. Thanks for having me to join you tonight

as well, letting me join you. And we start with that big breakdown folks in the

banks. The KBW Regional Bank index down 8% today. Fall I do its lowest

level since January of 2021. California based SVB financial leading the

losses off more than 60% lowest level in nearly seven years losing $161 a

share. The stock the worst performer in the S&P 500 by a factor of four. The

losses come after the company said it was looking to raise capital to help

offset losses from recent bond sales on the rise in interest rates over the

past year has depleted the value of bonds. Of course, sparking concerns over just

how much the company's securities holdings are actually worth and maybe even

...