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.
Yesterday
An I.V.F. Mix-Up and an Impossible Choice
For millions of families, in vitro fertilization is a modern medical miracle. But the field is largely unregulated, and for a small number of parents, things can go terribly wrong.Susan Dominus discusses her story about how two families navigated an unthinkable I.V.F. mistake tha ... Show More
46m 31s
Jan 15
Trump’s D.O.J. Went After the Fed. It Backfired.
The Trump administration’s decision to open a criminal investigation into the Federal Reserve chairman, Jerome H. Powell, has stunned the worlds of business and politics.Colby Smith and Glenn Thrush, who have been covering the news, discuss how the investigation came about, the p ... Show More
28m 15s
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