Chapter
The Silicon Valley Bank Run
15:15 - 19:36 (04:21)
The recent bank run on Silicon Valley Bank resulting in billions of lost shareholder and bondholder money has raised questions about the unfair nature of the investment system in Silicon Valley as compared to the consequences everyday individuals face for similar financial failings.
Clips
Former FDIC Chair Sheila Bair advocates for restoring the FDIC's authority to institute emergency programs to prevent uninsured money from exiting community banks, recognizing that only small depositors, small businesses, and people that rely on payroll currently bear risk in the financial system.
15:15 - 16:35 (01:20)
Summary
Former FDIC Chair Sheila Bair advocates for restoring the FDIC's authority to institute emergency programs to prevent uninsured money from exiting community banks, recognizing that only small depositors, small businesses, and people that rely on payroll currently bear risk in the financial system.
ChapterThe Silicon Valley Bank Run
EpisodeMaking Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
PodcastThe Problem With Jon Stewart
The recent bank run on Silicon Valley Bank could have resulted in shareholders and bondholders losing an estimated $100 billion, ultimately leading to the potential loss of billions of dollars in debt.
16:35 - 19:36 (03:01)
Summary
The recent bank run on Silicon Valley Bank could have resulted in shareholders and bondholders losing an estimated $100 billion, ultimately leading to the potential loss of billions of dollars in debt.