
3/28/23: Trans Suspect Behind Christian Mass Shooting, Netanyahu Caves to Protests, Peter Beinart on Israeli Hypocrisy, Top SVB Accounts 13 Billion, American Patriotism Plummets, IRS Targets Matt Taibbi, US Military Shortages, Binance Sued
Breaking Points with Krystal and Saagar
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The Fall and Aftermath of Silicon Valley Bank
This chapter examines the sale of Silicon Valley Bank to First Citizens Bank following its failure, emphasizing the role of the FDIC in the process. It critiques the financial mismanagement that led to the bank's collapse and explores the political ramifications of government bailouts for large depositors. The discussion reflects on broader societal shifts and the impact of economic pressures on American values, especially among younger generations.
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