EPISODE · Mar 14, 2023 · 28 MIN
The SVB bank failure, explained.
from Tangle
Over the weekend, U.S. regulators took over Silicon Valley Bank (SVB) after it collapsed on Friday morning. In a matter of 48 hours, SVB experienced a bank run and capital crisis, becoming the second largest bank in U.S. history to go under. Over the weekend, panic spread among investors and economists who feared the failure of SVB could set off a national financial crisis, but those concerns were mostly allayed when U.S. regulators announced emergency measures to protect depositors.You can read today's podcast here, today’s “Under the Radar” story here and today’s “Have a nice day” story here.Today’s clickables: Quick Hits (1:03), Today’s Story (2:57), Right’s Take (14:42) Left’s Take (9:15) , Isaac’s Take (19:43), Under the Radar (25:45), Numbers (26:41), Have A Nice Day (27:17)You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here.Our podcast is written by Isaac Saul and edited by Zosha Warpeha. Music for the podcast was produced by Diet 75.Our newsletter is edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/message Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Over the weekend, U.S. regulators took over Silicon Valley Bank (SVB) after it collapsed on Friday morning. In a matter of 48 hours, SVB experienced a bank run and capital crisis, becoming the second largest bank in U.S. history to go under. Over the weekend, panic spread among investors and economists who feared the failure of SVB could set off a national financial crisis, but those concerns were mostly allayed when U.S. regulators announced emergency measures to protect depositors.You can read today's podcast here, today’s “Under the Radar” story here and today’s “Have a nice day” story here.Today’s clickables: Quick Hits (1:03), Today’s Story (2:57), Right’s Take (14:42) Left’s Take (9:15) , Isaac’s Take (19:43), Under the Radar (25:45), Numbers (26:41), Have A Nice Day (27:17)You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here.Our podcast is written by Isaac Saul and edited by Zosha Warpeha. Music for the podcast was produced by Diet 75.Our newsletter is edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/message Hosted on Acast. See acast.com/privacy for more information.
NOW PLAYING
The SVB bank failure, explained.
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.