The Outsiders with Chris Bakke, Alex Cohen and Michael Girdley cover image

Narcissists. Girdley's new business. Substack vs Twitter. - e18

The Outsiders with Chris Bakke, Alex Cohen and Michael Girdley

CHAPTER

The Federal Government's Recovery Plan

The Wall Street Journal reported that Silicon Valley Bank had a full recovery plan within 48 hours of its stock going to zero. The committee wasn't set up until 2017, and it took the federal government eight years or 10 years to get this thing set up. "It's kind of one of those things where like people get so accustomed to things going well that they think that that's normal when it's kind of magic," he said.

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