Mike Belshi: FTX had two roles. It owned a company called Alameda Research which was a prop trading firm. Without those in place, Sam Bankman-Freed took the money out of the exchange and he put it in his prop trading firm - SVZoom. This is your daily reminder from Innovation Refunds. Even if your small business only had minor setbacks during pandemic, you could still qualify for a payroll tax refund.
Anton Schutz, President and CIO at Mendon Capital Advisors and Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan discuss the possibility of contagion for banks related to the instability of Silicon Valley Bank. Amy Hunter Glaser, Senior VP at Adecco and Bloomberg News Economics Editor Molly Smith break down the February jobs report and possible impact on Fed policy. Mike Belshe, CEO of BitGo, talks about institutions storing digital assets securely. And we Drive to the Close with Christopher Zook, CIO at CAZ Investments.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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