Normal Bank Failure
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers dive into the drama in the banking world. They discuss the fallout of the collapse of Silicon Valley Bank and its subsequent government takeover. They also take some listener questions about SVB! Felix, Emily and Elizabeth also discuss Credit Suisse, and how government policy may change for banks that are “too big to fail”.
In the Plus segment: What was it like to have an SVB bank account in the last week?
Podcast production by Anna Phillips and Patrick Fort.
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