In the past week, as spooked customers frantically withdrew $42 billion from Silicon Valley Bank, the U.S. government stepped in to craft a rescue operation for the failed lender.
But efforts to contain the crisis have met resistance, and the fallout of the collapse has already spread to other regional banks, whose stocks have plummeted.
Guest: Emily Flitt ... Show More
Yesterday
Inside Putin’s Plan to Cripple Ukraine This Winter
President Trump said he was making an energy deal with President Vladimir V. Putin of Russia and waiving new sanctions on Moscow. Now, he’s feuding with Ukraine’s leader, Volodymyr Zelensky.Russia is taking advantage of the moment by relentlessly striking Kyiv, killing civilians ... Show More
29 m
Oct 18
Elizabeth Holmes and Nathan Fielder Keep Us Guessing
The comedian Nathan Fielder came to fame as the creator and host of the Comedy Central series “Nathan for You.” The show followed Fielder as he devised outrageous schemes, ostensibly with the aim of helping various small businesses. What became clear, though, was that Fielder was ... Show More
43m 39s
Mar 2023
What Does The Collapse of Silicon Valley Bank Mean For Your Money?
The biggest bank failure since the 2008 financial crisis is stoking fears of a larger financial meltdown across regional US banks. Silicon Valley Bank, a key lender for startups and the tech industry, collapsed last week. As regulators take over, many people around the country ar ... Show More
21m 31s
Apr 2023
First Republic Teeters, Wages Rise
Federal regulators dissected Silicon Valley and Signature banks today, delivering post-mortems on last month’s banking crisis. But on Wall Street, the crisis is far from over, with shares of First Republic Bank plummeting amid fears it could go into receivership. CNN Political Di ... Show More
8m 57s
<p>Are we in the middle of a financial crisis? Today’s show breaks down the latest bank crises — from Credit Suisse to First Republic.</p><p><br></p><p>Read more:</p><p><br></p><p>Another week, another banking calamity. </p><p><br></p><p>On Sunday, Swiss banking giant UBS ca ... Show More