Over the weekend, U.S. regulators took over Silicon Valley Bank (SVB) after it collapsed on Friday morning. In a matter of 48 hours, SVB experienced a bank run and capital crisis, becoming the second largest bank in U.S. history to go under. Over the weekend, panic spread among investors and economists who feared the failure of SVB could set off a national financial crisis, but those concerns were mostly allayed when U.S. regulators announced emergency measures to protect depositors.
You can read today's podcast here, today’s “Under the Radar” story here and today’s “Have a nice day” story here.
Today’s clickables: Quick Hits (1:03), Today’s Story (2:57), Right’s Take (14:42) Left’s Take (9:15) , Isaac’s Take (19:43), Under the Radar (25:45), Numbers (26:41), Have A Nice Day (27:17)
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Our podcast is written by Isaac Saul and edited by Zosha Warpeha. Music for the podcast was produced by Diet 75.
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