In Brief: When Should Banks Be Saved? (with Sheila Bair)
March 20, 2023
21 min
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586 of 1,003
March 20, 2023
In Brief: When Should Banks Be Saved? (with Sheila Bair)
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Preet Bharara Episodes Around March 20, 2023
Episode 586 of 1,003 — walk the feed in the order it was published.
In Brief: When Should Banks Be Saved? (with Sheila Bair)
Summary
Sheila Bair is the former chair of the FDIC where she was a central figure in decision making during the financial crisis in 2008. Preet and Bair discuss whether the defunct Silicon Valley Bank should have received a bailout from the government and why Bair believes the Federal Reserve should stop raising interest rates.
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References & Supplemental Materials:
Sheila Bair, “US regulators are setting a dangerous precedent on Silicon Valley Bank,” Financial Times, 3/14/23
Sheila Bair, “Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself,” Simon & Schuster, 2008
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