2min chapter

Moody's Talks - Inside Economics cover image

Systemic Threats, Supervisory Shortfalls

Moody's Talks - Inside Economics

CHAPTER

The Risks of Low Income Housing in the Recession

Roxanne Jones: The risk are asymmetric. I mean, you may be right, but if you're wrong, that's a problem for everybody,. including and most importantly, for low income households and you're going to get crushed in that kind of scenario. She says Roku had 450 million bucks at Silicon Valley bank; they would have had access 60-65% of that money Monday morning. But the carcass of Silicon Valley bank is worth more today than it was a week ago because of its own failure.

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