The New York Times reported that federal regulators knew about what was going on at Silicon Valley Bank and had been warning them. This is something that should be investigated, how this went down absolutely should be, the run itself. The thing that's not getting enough attention here is there's a danger of overregulation. If you want banking to be boring, okay, be careful what you wish for. Because if you tighten regulations too much, what you're gonna have is a boring economy"
Kara and Scott discuss another round of Amazon layoffs, former President Trump’s call for protests, and of course, raccoon dogs. Plus, the banking drama continues as banks in the U.S. and Switzerland come together to rescue the weakest among them. Also, TikTok CEO Shou Zi Chew will testify before Congress this week. Friend of Pivot Dr. Gloria Mark explains how technology has impacted our attention spans.
You can find Dr. Gloria Mark at @GloriaMark_PhD on Twitter, and you can buy her book “Attention Span: A Groundbreaking Way to Restore Balance, Happiness, and Productivity” here.
Send us your questions! Call 855-51-PIVOT or go to nymag.com/pivot.
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