The ‘Shark Tank’ star admitted he had “many companies” with funds tied up in Silicon Valley Bank.
“Shark Tank” star Kevin O’Leary faced a grilling Tuesday night for allowing his companies to do business with Silicon Valley Bank – despite repeatedly referring to doomed firm’s management as “idiots” this week.
The response led the show’s host Sean Hannity to press O’Leary about his decision to park his money at SVB.“Kevin, you’re a smart guy,” Hannity said. “Why did you keep your money there if it was run by idiots?”O’Leary, who did not reveal the extent of his financial exposure to SVB, quickly went on the defensive.
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