2min chapter

Moody's Talks - Inside Economics cover image

Systemic Threats, Supervisory Shortfalls

Moody's Talks - Inside Economics

CHAPTER

The Moral Hazard of Not Forcing a Haircut on Large Depositors

If another bank fail, it's implausible to imagine that their uninsured depositors wouldn't be made hold. There's no way if you had the smallest bank in America fail and you had one person who had $1,000, they're going to take a haircut. Not at this point. That's, economists call that horizontal inequity to equal a Peter Thiel had 50 million bucks in Silicon Valley bank. He's getting all 50 million of that.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode