Sharon Stone reveals losing half of her fortune to bank failure.

Sharon Stone revealed during a charity fundraiser that she lost half of her money due to "this banking thing," following the collapse of Silicon Valley Bank. Stone became emotional during her speech, shedding a few tears as she spoke. Federal regulators announced that they were bailing out SVB customers after the bank's implosion on March 10, which was caused by a combination of rising interest rates, poor financial choices, a bad market for tech, and a bank run. President Biden called on Congress to hold bank executives accountable for their failures.