3/13/23: Massive SVB Bailout, Crypto Bank Collapses, Execs Sold Millions Before Collapse, JD Vance Rips Republicans on Norfolk, Pence Blasts Trump and Tucker, Desantis Blames Wokeness on Bank Collapse, Fauci Freaks Over Prosecution Calls
Breaking Points with Krystal and Saagar
00:00
Banking Crisis and Regulatory Accountability
This chapter examines the recent collapse of Silicon Valley Bank and its implications for the banking system, drawing comparisons to the 2008 financial crisis. The discussion highlights failures in regulatory oversight and the effects of the 2018 Dodd-Frank rollback on medium-sized banks, emphasizing the disparity in government responses to corporate crises versus community impacts. It calls for a reevaluation of corporate accountability and the need for regulatory changes that prioritize the welfare of ordinary citizens over the interests of big business.
Transcript
Play full episode
