Our podcast on markets, the economy and business. This week, the largest US bank failure since the financial crisis
On this week’s podcast, hosts Alice Fulwood, Tom Lee-Devlin and Mike Bird examine what brought the bank down and to what extent the panic has been contained–or might. Peter Conti-Brown from University of Pennsylvania’s Wharton School says incompetence was behind the bank’s collapse. And former Treasury Secretary Larry Summers tells them the US government’s decision to guarantee deposits should be enough to restore confidence in the banks and prevent fear spreading.
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