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Silicon Valley Bank’s collapse last week was the largest American bank failure since 2008, and sparked worldwide fear of broader economic impacts and drew comparisons to the 2008 financial crisis.
We talk to Aaron Klein, Senior economic studies fellow at The Brookings Institution, about what caused this mess with SVB, what federal regulators are doing now, and what this means for other banks, and the economy as a whole.
By WNYC and PRX4.3
713713 ratings
Silicon Valley Bank’s collapse last week was the largest American bank failure since 2008, and sparked worldwide fear of broader economic impacts and drew comparisons to the 2008 financial crisis.
We talk to Aaron Klein, Senior economic studies fellow at The Brookings Institution, about what caused this mess with SVB, what federal regulators are doing now, and what this means for other banks, and the economy as a whole.

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