Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business cover image

Breaking Free from the Dollar: A Brave New World of Currency

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

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The Risk Management of Silicon Valley Bank

The top 10 checking accounts, checking accounts at Silicon Valley bank had $14 billion in them. The banks have nothing in the way of reserves and every time you make a deposit, it has to be offset with an asset. But where were the regulators when they see these types of accounts? They know that they're telling all of the banks they don't need to hold any reserves. And finally, that the Fed is supposed to keep track of this stuff.

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