logo
episode-header-image
Apr 2023
26m 59s

Your banking questions, answered

NPR
About this episode
It's been a month since the collapse of Silicon Valley Bank touched off the worst episode of banking turmoil since 2008. While the financial system appears to have stabilized, we're still reckoning with what happened. Regulators are getting dragged before Congress. The Federal Reserve and the FDIC have promised reports on what went wrong with bank oversight. And judging by our inbox, you, our listeners, have a lot of lingering questions.

Questions like: Was it a bailout? Where were the regulators? Is it over yet? And what about those other banks that were teetering on the edge?

Today on the show, some answers for you.

This episode was produced by Sam Yellowhorse Kesler with help from Willa Rubin. It was engineered by Brian Jarboe. It was fact-checked by Sierra Juarez and edited by Molly Messick. Jess Jiang is our acting executive producer.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in
Apple Podcasts or at plus.npr.org/planetmoney.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy
Up next
Yesterday
Summer School 1: A government's role in the economy is to make us all richer
Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political influence. But Nobel laureate, Simon Johnson, says that influence has been there since the birth of economics. Call it political economy. Call it government and bu ... Show More
35m 46s
Jul 4
The simple math of the big bill
If we think about the economic effects of President Donald Trumps big taxing and spending and domestic policy bill, we can roughly sum it up in one line. It goes something like this: We will make many big tax cuts permanent and pay for those tax cuts by cutting Medicaid and a few ... Show More
32m 12s
Jul 2
A thought experiment on how to fix the national debt problem
There's an economic fantasy you sometimes hear in D.C. It often gets trotted out when politicians are trying to add billions or trillions to the national debt. They claim that all the new spending will be worth it in the end because we will supercharge economic growth. This fanta ... Show More
25m 32s
Recommended Episodes
Mar 2023
Interest rates, bank crises and your money
What does a week of turmoil in the banking sector - with the collapse of California’s Silicon Valley Bank and the Swiss state-backed rescue of Credit Suisse - tell us about what central banks will do next with interest rates? And what does it all mean for your money and investmen ... Show More
24m 8s
Jul 2023
The Massive Shift Underway in the US Banking System
When Silicon Valley Bank imploded, there was a lot of talk about the future of regional and community banks in the United States. Can they compete with the large, too-big-to-fail institutions? What will happen to their deposits and their cost of capital? But actually the challeng ... Show More
46m 4s
Mar 2023
The Banking Crisis Is Opening a New Chapter of Capitalism
A lot has been said about the collapse of Silicon Valley Bank and Credit Suisse. But one important thing revealed by those closely scrutinized failures has largely gone unnoticed: the changing relationship between governments and banks.  Bloomberg Editor-In-Chief John Micklethwai ... Show More
28m 57s
Mar 2023
Martin Wolf on why banks fail and what to do about it
Credit Suisse… Silicon Valley Bank… Signature Bank… First Republic… After weeks of breaking headlines about banks in crisis, we are taking a big picture look at the sector with the FT’s chief economics commentator, Martin Wolf. In this episode, he explains why banks fail, and lay ... Show More
20m 5s
Mar 2023
Barney Frank on His Role in the Banking Crisis
Barney Frank was one of the people most responsible for overhauling financial regulation after the 2008 economic crisis. After retiring from Congress, he supported a change to his own law that would benefit midsize banks, and joined the board of such a bank. Last week, that bank ... Show More
36m 6s
Jun 2023
Financial stability and bank runs
How stable is our financial system? And what risks do we see for banks and property markets? Our host Katie Ranger delves into this topic with financial stability expert John Fell on The ECB Podcast. The views expressed are those of the speakers and not necessarily those of the E ... Show More
22m 36s
Mar 2023
Special Episode: Silicon Valley Bank Goes Bust
Silicon Valley Bank collapsed on Friday — the second-largest bank failure in our nation’s history. In today’s special episode, Scott and Ed break down what happened, how it happened, and what might happen next. Scott also addresses government bailouts, the consolidation of bankin ... Show More
34m 50s
Mar 2023
Silicon Valley Bank goes bust
SVB’s collapse is the biggest bank failure since 2008. Insider’s Ben Bergman explains why the bank collapsed, why the Biden administration intervened, and what this means for the economy writ large.This episode was produced by Avishay Artsy and Victoria Chamberlin, edited by Matt ... Show More
26m 42s
Mar 2023
Is the Banking Crisis Over or Has It Just Begun? | Jeff Snider
In Episode 302 of Hidden Forces, Demetri Kofinas speaks with Jeff Snider. Jeff is Chief Strategist for Atlas Financial and co-host of the Eurodollar University podcast where he untangles the inner workings of the global monetary and Eurodollar reserve currency system with implica ... Show More
55m 9s