Rep. Ritchie Torres, Jena Griswold & Jeet Heer
Fast Politics with Molly Jong-Fast
00:00
The Speed of the Bank Run
Silicon Valley Bank saw the loss of 42 billion dollars in the span of a single day. The bank needed to recapitalize as much as losing money on mortgage back securities, he says. What rise bank runs is not economics or finance,. It's it's the irrationality of financial panic and there's no bank in America.
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