Banks are failing around the world. Could it happen here?
7am
00:00
Introduction
Martin Mackenzie Murray is associate editor of the Saturday paper. He says there's been a bank run involving Silicon Valley billionaires and cryptocurrency investors. The panic among this group of depositors has already led to the collapse of several small and medium-sized banks in the US. Now that anxiety, it's hitting other banks as well - raising questions about whether more collapses are on the way. It will take a rescue package to save First Republic Bank from going under.
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Transcript
