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25min chapter
3/13/23: Massive SVB Bailout, Crypto Bank Collapses, Execs Sold Millions Before Collapse, JD Vance Rips Republicans on Norfolk, Pence Blasts Trump and Tucker, Desantis Blames Wokeness on Bank Collapse, Fauci Freaks Over Prosecution Calls
Breaking Points with Krystal and Saagar
Bank Bailouts and Systemic Risk
This chapter discusses the bailout of Silicon Valley Bank and the implications for the financial system. It explores the concentration of tech wealth in the bank, the decision-making of its CEO, and the role of the federal government in protecting depositors. The chapter also examines the concept of moral hazard and the potential impact of the bank's collapse on the economy.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode