The case against deposit insurance is you want depositors, people lending money to the bank, to care how safe the bank is. The government should like own that, right? And say, okay, some amount of bigger deposits or business deposits up to whatever a million dollars or something are insured and we will charge for that because right now the government is providing free insurance. That doesn't make sense.
(0:21) Jason Moser discusses: - UBS buying Credit Suisse for $3.2 billion - The ripple effects of everyone checking with their bank - Why Amazon's latest layoff announcement has him looking at the revenue-per-employee metric
(13:58) Ricky Mulvey catches up with Jacob Goldstein, host of the podcast "What's Your Problem?" to talk about bank runs, why they happen, and how businesses could potentially prepare for them.
Companies discussed: UBS, CS, AMZN, SIVB
Host: Chris Hill Guests: Jason Moser, Jacob Goldstein Producer: Ricky Mulvey Engineers: Dan Boyd
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