Making Contact

What the SVB Failure Teaches us About Investment Banking – Making Contact – July 7, 2023

The Silicon Valley Bank collapse brings with it memories of the wider 2008 economic crisis. Jeet Heer and John Nichols from The Nation join us to discuss the 2018 bank deregulations that set the stage for this moment and the risky investment strategy at the bank itself. They argue that bailout and FDIC’s role in the collapse could set the stage for a dangerous economic future.