2min chapter

The Munk Debates Podcast cover image

Friday Focus: Banking Blowup – Iran & Saudi – Eminent Canadians

The Munk Debates Podcast

CHAPTER

The Innovation Economy Wouldn't Have Died

Some of the key regulation was unrolled, was rolled back by the Trump administration. Jamie Diamond and other of the biggest banks were able to move those deposits to me payroll. Well, the innovation economy wouldn't have died frankly. If there was some surcharge and some of the big banks, there's another interesting story I know what it's talking about over the weekend when they were desperately looking for a buyer for the Silicon Valley bank. The big banks didn't touch it because they're collecting depositors. Right? It's totally in their interest.

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