The Compound and Friends cover image

The Bank Run of 2023

The Compound and Friends

00:00

Is This a Bailout?

The FDIC, the Treasury and the Fed stepped in to bail out Silicon Valley Bank. Peter Bergen: The government did the right thing; it would have created a huge systemic issue. He says depositors are not just tech bros but people who run companies that work for startups. Bergen: It's preferable to having every regional bank go to zero and all deposits up in the air.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app