6min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP539: The Banking Crisis Explained w/ Shawn O'Malley

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Federal Reserve's Response to Bank Failures

The FDIC announced that they would guarantee every deposit in the US banking system to prevent fears of bank runs. Silicon Valley Bank is not the only bank with this issue being underwater on their bonds. A ton of banks are running into these issues because they really don't have much of an option of where to park their cash.

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