This podcast episode delves into the collapse of Silicon Valley Bank, tracing its origins, exploring the bank's aggressive growth strategies, lobbying efforts to avoid regulations, poor risk management practices leading to a $2 billion loss, the resulting panic and bank run, and the government's exceptional response, including a systemic risk exception. It raises concerns about the influence of wealthy depositors and their allies in tech, the potential moral hazard created by the government's actions, and the impact of the regulatory rollback on the banking industry.
