I don't think I would have predicted the Silicon Valley bank collapse. But there is a dynamic between not putting everything in one basket and also, you know, to your earlier point,. If you're a business with $10 million in cash, you would need to use 40 different banks to have all of that insured. That's kind of unreasonable for most businesses to do. And clearly, lots of businesses have lots of money in uninsured bank accounts.
(0:21) Jason Moser discusses: - UBS buying Credit Suisse for $3.2 billion - The ripple effects of everyone checking with their bank - Why Amazon's latest layoff announcement has him looking at the revenue-per-employee metric
(13:58) Ricky Mulvey catches up with Jacob Goldstein, host of the podcast "What's Your Problem?" to talk about bank runs, why they happen, and how businesses could potentially prepare for them.
Companies discussed: UBS, CS, AMZN, SIVB
Host: Chris Hill Guests: Jason Moser, Jacob Goldstein Producer: Ricky Mulvey Engineers: Dan Boyd
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