When you compare it to a Lehman or a Bear Stearns where you knew that what they were underwriting had this insane risk. If you're waiting for it in 30 years, the price fluctuations between now and then are drastically different. The impetus for it all happening so quickly is a scary part. I think to get to your first question on signature and silver gate and how are those things related, if at all? They're very different to me, even though some of the regulators and politicians are putting them together.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode