AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Bank Runs!
Patrick Boyle On Finance
Silvergate Bank's Exposure to Cryptocurrency
Silvergate was exposed to the extremely volatile and legally risky crypto industry. Its assets, the bonds that it bought, were also interest rate sensitive. So rising interest rates caused the deposits to evaporate at the same time as the assets backing those deposits fell in value.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode