Episode 319: The Death of Silicon Valley Bank
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Savings and Loans - The Lesson of All This Is Right
The government has trained people not to care about that limit going all the way back to the 1980s, 90s when it bailed out the savings and loans above the FSLICs limit. Now here, with these actions, we're seeing the road being paid for the next ones. There's no real test for negligence or incompetence doesn't exist. Is there a systemic risk of this spreading? And what you think it is: The regional risk of SVB is the one related to this bank.
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