This Is Hell! cover image

Botching the Coverage of a Bank Run / Dean Baker

This Is Hell!

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Are Banks Like SVB Made to Make the Rich Richer?

The CEO of Silicon Valley Bank got 9.9 million in the last year, CNN's John Sutter says. He asks: Are banks like SVB about making the rich richer or is the whole system about make the rich richer? "There are alternative ways to structure the financial system for people who care about fairness and efficiency," he writes.

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