Mayor Mahan Takes His Budget Case to the Public Before Council Showdown

How to spend approximately $1.5 billion in 2023-24 will be the first big test of political power for the mayor.
San Jose Inside (https://www.sanjoseinside.com)
The picture that is emerging of SVB is one of a bank whose leaders failed to plan for a realistic future and neglected looming financial and operational problems, even as they were raised by Fed supervisors.
The FDIC move came less than two hours after a decision by tech funding giant SV Financial Group, parent company of Silicon Valley Bank, to halt trading shortly after markets opened this morning on NASDAQ – after its stock collapsed in 24 hours from $176.55 to $39.25 per share – sent shock waves across financial markets worldwide.
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