Near Miss: A Bank Collapse and a Crisis Averted 03/13/23
Squawk Pod13 Mars 2023

Near Miss: A Bank Collapse and a Crisis Averted 03/13/23

Did we dodge the bullet? Federal agencies on Sunday approved plans to safeguard depositors affected by the collapse of Silicon Valley Bank on Friday, and the Federal Reserve is creating a Bank Term Funding Program to secure financial institutions from instability amid the SVB failure. Squawk Box’s Becky Quick, Andrew Ross Sorkin and Steve Liesman discuss the near-miss, how government action prevented a broader financial crisis, and the moral hazard of the federal action. Alexis Ohanian, venture capitalist and Reddit co-founder, describes the 72 hours of chaos experienced by young, start-up companies following the shutdown of Silicon Valley Bank. The veteran entrepreneur who also funds early-stage companies said venture capitalists raised the alarm but should say “thank you” for the government backstop. And, Camp cp-founder Ben Kaufman runs his business from the funds in his Silicon Valley Bank account; he shares the anxiety he felt over the weekend, looking for a cash infusion.

In this episode:

Alexis Ohanian,@alexisohanian

Ben Kaufman, @benkaufman

Steve Liesman, @steveliesman

Andrew Ross Sorkin, @andrewrsorkin
Becky Quick, @BeckyQuick

Katie Kramer, @Kramer_Katie


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Avsnitt(1921)

Ray Dalio, Bubble Fears, & Nvidia’s Beat 11/20/25

Ray Dalio, Bubble Fears, & Nvidia’s Beat 11/20/25

Bridgewater founder Ray Dalio addresses investor concerns about economic bubbles, both in AI and in the broader markets. Part interview, part historical markets lesson, Dalio shares his perspective on...

20 Nov 202534min

MBS at The White House, A ‘Joyless’ AI Boom, & MTV’s Legacy 11/19/25

MBS at The White House, A ‘Joyless’ AI Boom, & MTV’s Legacy 11/19/25

Ahead of the U.S.-Saudi Investment Forum at The Kennedy Center in Washington, DC, President Trump received Saudi Arabia Crown Prince Mohammed bin Salman at The White House for a meeting and a star-stu...

19 Nov 202543min

5 Things to Know Before the Opening Bell 11/19/2025

5 Things to Know Before the Opening Bell 11/19/2025

The 5 things you need to know before the stock market opens today: Nvidia third quarter results are due after the bell, Congress approved legislation to compel the Department of Justice to release all...

19 Nov 20252min

The Saudi Visit, the Epstein Vote & Oz Pearlman the Mentalist 11/18/25

The Saudi Visit, the Epstein Vote & Oz Pearlman the Mentalist 11/18/25

Saudi Crown Prince Mohamed bin Salman visits the White House today; his first visit since the 2018 killing of journalist Jamal Khashoggi. Retired 4-star General David Petraeus describes the high stake...

18 Nov 202536min

Kevin Hassett on Tariffs & Ken Burns on The American Revolution 11/17/25

Kevin Hassett on Tariffs & Ken Burns on The American Revolution 11/17/25

President Donald Trump is rolling back tariffs on more than 200 food products, from coffee and beef to bananas and orange juice, as the White House faces rising frustration from Americans over grocery...

17 Nov 202543min

5 Things to Know Before the Opening Bell 11/17/2025

5 Things to Know Before the Opening Bell 11/17/2025

The 5 things you need to know before the stock market opens today: Berkshire Hathaway has taken a roughly $5 billion stake in Google parent Alphabet, the Financial Times is reporting that Apple is ste...

17 Nov 20251min

Ron Baron on Elon Musk’s Trillion-Dollar Pay Plan 11/14/25

Ron Baron on Elon Musk’s Trillion-Dollar Pay Plan 11/14/25

After Tesla shareholders approved a new pay package for CEO Elon Musk that approaches the trillion-dollar mark, investor Ron Baron weighs in on what it means for the company’s future. The billionaire ...

14 Nov 202535min

5 Things to Know Before the Opening Bell 11/14/2025

5 Things to Know Before the Opening Bell 11/14/2025

The 5 things you need to know before the stock market opens today: Homeland Security announces bonus checks for TSA officers, Boeing defense workers approve a new contract, Verizon plans more layoffs,...

14 Nov 20252min

Populärt inom Business & ekonomi

framgangspodden
varvet
badfluence
rss-jossan-nina
rss-borsens-finest
avanzapodden
svd-tech-brief
rss-svart-marknad
uppgang-och-fall
fill-or-kill
rss-dagen-med-di
borsmorgon
kapitalet-en-podd-om-ekonomi
affarsvarlden
rss-kort-lang-analyspodden-fran-di
tabberaset
lastbilspodden
24fragor
bathina-en-podcast
borslunch-2