In Brief: When Should Banks Be Saved? (with Sheila Bair)
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Introduction
The failure of Silicon Valley Bank has sent shockwaves across the country and throughout the markets. Not since the financial crisis nearly 15 years ago has the banking system faced this level of vulnerability, according to many. Preet Bharara: How did we get here? Is there a comparison between recent events and the great financial crisis? Have regulations worked? My guest this week is Sheila Baer who served as chair of the FDIC from 2006 to 2011.
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