Silicon Valley Bank Defaulted - The Biggest Bank Closure in 15 Years

Sally Kohn: Silicon Valley Bank defaulted and was taken over by the fed. She says it's a contagion event with cascading defaults that could take down other banks in same way. "There's a distinct possibility" FDIC will step in or Congress could bail out this bank, she says.Kohn: This is why we're going to learn a hell of a lot over the next week.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app