The San Francisco Experience • Guaranteeing Bank Deposits: Talking with Professor Anat Admati of the Stanford Graduate School of Business • Listen on Fountain
Guaranteeing Bank Deposits: Talking with Professor Anat Admati of the Stanford Graduate School of Business
On March 10, 2023 Silicon Valley Bank collapsed . More than 90% of its' deposits exceeded the FDIC limit of $250,000 but the regulators acted quickly to assure the financial markets by extending the guarantee to all of SVB's deposits. Professor Admati dissects the SVB debacle - it is a cautionary tale. She also discusses her 2013 book The Bankers' New Clothes and the 2023 update to be published in the Fall of 2023.
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We are a "deep dive" news podcast, for Americans who get their news from the Internet. Our mission is to give the listener succinct, fact based analysis both non-ideological and independent from a California, Silicon Valley perspective.
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Jim Herlihy is a published author: his novel “Deceit and Dirty Money” is available on line. He served as President of the SF Public Library Commission 1992 - 1996. While working in Latin America, he was a stringer for The Economist, The Times and the BBC. Jim serves as a director on two SF sister city boards : Bangalore, India and Cork, Ireland.