Chapter
Issues at First Republic & Credit Suisse
05:35 - 11:38 (06:03)
The issues with First Republic Bank and Credit Suisse are different, with First Republic working to address liquidity issues, while Credit Suisse is dealing with the fallout from the Archegos debacle. These banks are facing unrealized losses on their balance sheet due to the rise in interest rates causing a regional banking crisis.
Clips
The speaker discusses serious accusations and scapegoating, involving a regional banking crisis, which included him, Bill Ackman, and JCal.
05:35 - 06:27 (00:51)
Summary
The speaker discusses serious accusations and scapegoating, involving a regional banking crisis, which included him, Bill Ackman, and JCal. The Wall Street Journal editorial board mischaracterized the actions of the speaker and Ackman, while ignoring JCal's involvement.
ChapterIssues at First Republic & Credit Suisse
EpisodeE120: Banking crisis and the great VC reset
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Five large banks are showing signs of distress due to unrealized losses from the spike in Sun's interest rates, indicating larger issues in the banking system.
06:27 - 09:06 (02:39)
Summary
Five large banks are showing signs of distress due to unrealized losses from the spike in Sun's interest rates, indicating larger issues in the banking system.
ChapterIssues at First Republic & Credit Suisse
EpisodeE120: Banking crisis and the great VC reset
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The issues at banks like Credit Suisse and First Republic are different from each other and not caused by the tech industry, but it's convenient to make venture capitalists like Chamath Palihapitiya and Mike Friedberg the scapegoats for the problems.
09:07 - 11:38 (02:31)
Summary
The issues at banks like Credit Suisse and First Republic are different from each other and not caused by the tech industry, but it's convenient to make venture capitalists like Chamath Palihapitiya and Mike Friedberg the scapegoats for the problems.