Happy Monday and welcome to the Bullwork Podcast.

I'm Charlie Sykes and because it's Monday, I am joined by my colleague, Will Salitan,

who spent the entire weekend learning about the banking crisis, right?

Dodd, Frank and all of those sorts of things and reminding himself what 2008 was like.

I just, I, I, how are you?

Well, I'm fine, Charlie. You know, this is, so we're in Oscars weekend, obviously.

And, and this is give me flashbacks to a year ago when I hadn't watched the Oscar ceremony.

So I didn't know anything about the slap.

And you asked me about the slap and I took this side of Will Smith, not real.

I think that he had just slapped the guy.

And so yeah, I'm very excited that there was no slap this year.

So I can't screw it up as badly as I did that.

I just have no material for you on the Oscars.

So people who are tuning in to find out Oscars stuff,

I think sunny bunch is going to have this nailed.

But us, I think we got nothing.

Okay, so I assume that we were going to start this morning talking about Mike Pence and,

and Ron DeSandis, but instead we have to talk about Silicon Valley freaking bank.

Yeah, no. So the government has stepped in to bail out a bank in a manner of speaking.

And so the trick here is we've had three banks that were either failing or in danger of failing.

The second one was the big one, Silicon Valley bank and then another one signature bank.

So just to make this simple for people, a lot of depositors started to freak out about

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