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☆ Election officials in southern states are grappling with fallout from dual hurricanes
  + stars: | 2024-10-12 | by ( Curt Devine | Devan Cole | Janat Batra | ) edition.cnn.com   time to read: +20 min
County election officials in Florida, meanwhile, are facing a potential new challenge after Hurricane Milton made landfall on its western coast late Wednesday. Other county election offices in the state similarly said this week that that they would perform fresh assessments of their election infrastructure following Milton. Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool in Fort Myers to prepare for Hurricane Milton. Marta Lavandier/AP A man in Progreso boards up an apartment building to protect it from Hurricane Milton on Monday. “We should have the most poll workers we’ve ever had here in Oconee County,” said Ryan Nowland, assistant director of Oconee County elections.
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☆ Silicon Valley Bank collapse was 'Lehman moment for technology,' top Goldman Sachs deal-maker says
  + stars: | 2023-03-21 | by ( Ryan Browne | ) www.cnbc.com   time to read: +1 min
The collapse of Silicon Valley Bank was a "Lehman moment" for the technology industry, according to a top Goldman Sachs deal-maker. "That first weekend was a little bit like the Lehman moment for technology and it was really more operational for those companies," Marriott told CNBC's Arjun Kharpal in an interview at a Goldman Sachs tech symposium that aired Tuesday on "Squawk Box Europe." Founded in 1983, SVB was considered a reliable source of funding for tech startups and venture capital firms. A subsidiary of SVB Financial Group , the California-based commercial lender was, at one point, the 16th-biggest bank in the U.S. and the largest in Silicon Valley by deposits. SVB was taken over by the U.S. government after its clientele of venture capitalists and tech startups withdrew billions from their accounts.
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