Chapter
The Collapse of Archegos Capital with Sheila Bair
19:36 - 25:50 (06:14)
In this podcast episode, host Kara Swisher and guest Sheila Bair discuss the recent collapse of Archegos Capital and its implications for the financial industry. They examine the lack of risk management by banks and the need for better regulation to prevent similar incidents in the future.
Clips
The recent decision to guarantee all bank deposits regardless of amount will primarily benefit big investors with millions of dollars, rather than the everyday depositor.
19:36 - 21:21 (01:44)
Summary
The recent decision to guarantee all bank deposits regardless of amount will primarily benefit big investors with millions of dollars, rather than the everyday depositor.
ChapterThe Collapse of Archegos Capital with Sheila Bair
EpisodeMaking Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
PodcastThe Problem With Jon Stewart
Sheila and her guest discuss the recent failure of a bank and how it was not considered a systemic risk to the world's banking system, despite the lack of awareness in the bank's risk management department.
21:21 - 22:55 (01:34)
Summary
Sheila and her guest discuss the recent failure of a bank and how it was not considered a systemic risk to the world's banking system, despite the lack of awareness in the bank's risk management department.
ChapterThe Collapse of Archegos Capital with Sheila Bair
EpisodeMaking Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
PodcastThe Problem With Jon Stewart
The failure to backstop foreclosures in the US is not a systemic failure of the system set up by the Fed and Congress to support the financial industry, but rather a failure of the broader system.
22:55 - 25:50 (02:55)
Summary
The failure to backstop foreclosures in the US is not a systemic failure of the system set up by the Fed and Congress to support the financial industry, but rather a failure of the broader system. The regulator's statement that foreclosures were only affecting small banks is misleading as it ignores the widespread impact on individuals and communities.