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How to Slow-Walk a Bank Run

Start Here

ABC News

News, Daily News, Politics

4.56.4K Ratings

🗓️ 16 March 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

Tumbling stocks reveal widespread nervousness about bank runs. A judge considers an injunction banning abortion pills nationwide. And the student body of a women’s liberal arts college votes to enroll transgender men. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:27.7

Turn supply, C3.co.uk slash turns.

0:30.5

It's Thursday, March 16th, and right now,

0:32.9

banks got to move faster than they can run.

0:35.4

We start here.

0:38.8

First, it was Silicon Valley, now a bank in Europe, and shares tumbling.

0:43.2

There is nervousness in the stock market right now,

0:46.1

and that can translate into nervousness for consumers, for households.

0:50.4

Even healthy banks can't handle uncertainty like this, so what's about to be done?

0:54.6

A decision to keep abortion pills on the shelves rests on one judge in Texas.

0:59.2

He wasn't just talking about whether or not abortion was or wasn't legal,

1:02.2

or the actual drug of the Pristone.

1:03.9

It was how were people getting their hands on it?

1:06.3

Raya Villarreal was in the courtroom, we'll take you there.

...

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