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The collapse of Silicon Valley Bank and the Polycrisis with Frank VanGansbeke
The Quant / Financial Engineering Podcast
What's the Story, Frank?
This looks so much like 2008. They had all of these structures that no one really knew how to mark to market. And then realized ultimately that they weren't worth anything, you know, tied to the 2008 crisis. The Fed has intervened to come up with a relief program in the form of this bank term funding program.
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