Taylor Alison Swift is an American singer-songwriter. She is known for narrative songs about her personal life, which have received widespread media coverage. At age 14, Swift became the youngest artist signed by the Sony/ATV Music publishing house and, at 15, she signed her first record deal.
Her 2006 eponymous debut album was the longest-charting album of the 2000s in the US. Its third single, "Our Song", made her the youngest person to single-handedly write and perform a number-one song on the Billboard Hot Country Songs chart. Swift's second album, Fearless, was released in 2008.
Buoyed by the pop crossover success of the singles "Love Story" and "You Belong with Me", it became the US' best-selling album of 2009 and was certified diamond in the US. The album won four Grammy Awards, and Swift became the youngest Album of the Year winner.
SVB Bank Crisis: Federal Reserve, Treasury Department and FDIC Take Steps to Protect Depositors Amid Meltdown
variety.comCynthia Littleton Business Editor The federal government has stepped up efforts to contain the damage of the collapse of Silicon Valley Bank by assuring that all depositors to the bank will have access to all of their money as of March 13.
The Treasury Department, Federal Reservce and FDIC put out a joint statement on Sunday to assure markets that all SVB depositors will be protected from losses as the bank faces an exodus of customers.
The statement also reinforced that the government’s safety net does not extended to SVB shareholders, senior managers or “certain unsecured debtholders.” “No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer,” the statement ready. “After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors.
Depositors will have access to all of their money starting Monday, March 13.” The statement comes after Yellen faced tough questioning on today’s Sunday morning public affairs shows about the federal government’s response to the swift demise of SVB, which catered to the tech industry and venture capital-fueled start up venture.
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