On Monday morning, the federal government took over a third failing bank — this time, First Republic.
Jeanna Smialek, an economy correspondent for The Times, discusses whether we are at the end of the banking crisis, or the start of a new phase of financial pain.
Guest: Jeanna Smialek, an economy correspondent for The New York Times.
Mar 2
Celebration and Mourning: Inside an Iran at War
The United States and Israel continued to strike Iran with missiles for a second day on Sunday, destroying more power centers of the Iranian regime and, according to rights groups, bringing the civilian death toll over 100. Iran responded with retaliatory attacks. At the same tim ... Show More
35m 28s
Mar 1
The U.S. and Israel Strike Iran
The United States and Israel on Saturday launched an attack against Iran, killing the nation’s supreme leader, Ayatollah Ali Khamenei, and, according to Iranian state media, several people in the country’s leadership structure. The New York Times journalists Mark Mazzetti and Dav ... Show More
34m 32s
Mar 2023
Martin Wolf on why banks fail and what to do about it
<p>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 ... Show More
20m 5s
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
Mar 2023
A Great Recession bank takeover
Earlier this month, we saw the largest bank collapse since the 2008 financial crisis. For many of us, seeing Silicon Valley Bank's meltdown brought us right back to that time 15 years ago, at the beginning of what would become the Great Recession. In early 2009, one or two banks ... Show More
18m 42s