The Collapse of SVB, Silvergate & Signature Bank | Caitlin Long and Nic Carter
Supply Shock
00:00
Do You Think the GAO Should Be Involved?
I do think that one of the things this industry should be actively calling for is a GAO investigation of the agency coordination. The Fed and the FDIC have done things that I do not believe are legal. They've got they've expanded beyond their statutory authority. It's not just a question of exploiting gray areas. So throughout this crisis, there's three institutions that go down, two of them, the major bank servicing crypto and no other banks that didn't have a crypto practice failed. We don't know what caused silver gate to repay that? What was the immediate trigger for FHLB's dissolution? But still an open question but still an open gun as the issues we see with
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