03.13.23 SPECIAL EDITION - The Failure of Silicon Valley Bank

Published: March 13, 2023, 4:01 a.m.

b'SPECIAL EDITION - The Failure of Silicon Valley Bank\\nClark discusses this week\\u2019s SVB failure including the strength and scope of this bank, how much of the deposits were insured & the security of funds generally, the impact on businesses and how the federal government has had to step in. Clark also answers initial questions for what will be his ongoing coverage of this event as needed moving forward.\\xa0\\nMentioned on the show\\n\\nNYTimes: Regulators Close Second Bank and Move to Ensure Deposits\\n\\nDeposit Insurance - FDIC\\n\\nCertificate of Deposit Account Registry Service - Wikipedia\\n\\nSIPC - Securities Investor Protection Corporation\\n\\nRoku Warns of Potential Losses From SVB Failure\\n\\nSVB Rocks California as Rich Founders Join Napa Vintners in Fear\\n\\nNYTimes: Silicon Valley Bank Fails After Run by Venture Capital Customers\\n\\nSVB Is First FDIC-Insured Institution to Fail in 2023\\n\\nNYTimes.com: The Second-Biggest Bank Failure\\n\\n[The Washington Post] Here\\u2019s how much of your bank deposits are FDIC protected\\n\\nNYTimes.com: Silicon Valley Bank Collapse Sets Off Blame Game in Tech Industry\\n\\n\\nClark.com resources\\n\\nEpisode transcripts\\n\\nClark.com daily money newsletter\\n\\n\\nConsumer Action Center Free Helpline: 636-492-5275\\n\\n\\nLearn more about your ad choices: megaphone.fm/adchoices\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'