Chapter
The Risks of Bank’s Growth
27:18 - 34:24 (07:06)
The collapse of Signature Bank and Silicon Valley Bank was a major concern for the financial industry. The size and speed of growth of banks is one of the reasons that regulators had to shut them down, according to an investigation by critics.
Clips
A journalist pushes a bank CEO regarding the risks posed to financial stability by the rapid growth of banks, citing recent collapses of Silicon Valley Bank and Signature Bank as evidence.
27:18 - 28:58 (01:39)
Summary
A journalist pushes a bank CEO regarding the risks posed to financial stability by the rapid growth of banks, citing recent collapses of Silicon Valley Bank and Signature Bank as evidence. The journalist predicts that these collapses will not have a systemic impact on the financial system.
ChapterThe Risks of Bank’s Growth
EpisodeBarney Frank on His Role in the Banking Crisis
PodcastThe Daily
The growth of banks contributed to the financial crisis and regulations have been put in place to prevent it from happening again.
28:58 - 34:24 (05:26)
Summary
The growth of banks contributed to the financial crisis and regulations have been put in place to prevent it from happening again. However, some politicians may not fully understand the gravity of the situation and those who helped create it may not want to take full responsibility.