The banking situation may not be over yet

Make Me Smart

Marketplace

News, Business

4.6 • 5.4K Ratings

🗓️ 12 May 2023

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Pacific Western Bank reported a sharp loss of over 9% of its total deposits last week, trailing the failure of First Republic Bank. We’ll discuss what’s behind the lingering banking problems. And, over 3 million viewers tuned in to watch CNN’s town hall event with former President Donald Trump, proving he’s still a ratings magnet. We’ll get into the ethical dilemma of the network’s decision to put Trump on that stage and what it means for the presidential race ahead. Plus, Saildrones and other superstorm hunting gadgets are giving us a glimpse into uncharted territory.

Here’s everything we talked about today:

- “CNN tops 3 million viewers during Trump Town Hall” from The Hill

- “CNN’s Trump town hall turns into a Trump rally” from Poynter

- “Dianne Feinstein returns and Democrats advance Biden judicial nominees that had been stalled in committee” from CNN Politics

- “PacWest Stock Sinks 23% After Disclosing Fresh Deposit Outflow” from The Wall Street Journal

- “FDIC proposes big banks pay to recover losses in SVB and Signature failures” from Axios

- “The Hurricane and the Saildrone” from The New York Times

- “Turning to drones and other instruments to hunt hurricanes” from Marketplace

- “New blood donation rules allow more gay men to give in US” from AP News

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Transcript

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0:26.2	the www.farmersdog.com.com.
0:31.6	Whether your dog is in their puppy adult or senior years, there's nothing better than
0:35.5	more years together.
0:37.0	And the best way to feed their happy healthy life is with fresh healthy food.
0:40.9	The farmer's dog makes it easy to keep your best friend healthy inside and out, with
0:45.3	fresh recipes made from real meat and veggies.
0:47.8	Their pre-portion just for your pup and delivered right to your door.
0:51.6	Help your dog live a healthy life and get 50% off your first box of real fresh food.
0:56.1	At the Farmersdog.com slash LifeStages23.
1:03.1	Hello everyone, I'm Kimberly Adams.
1:09.4	Welcome back to Make Me Smart, where we make today make sense.
1:13.2	Today is Thursday, the 11th of May.
1:14.7	I'm Kai, Rizdall.
1:15.7	Thanks to everybody for coming back and joining us for one more pod.
1:19.1	We're going to do the same thing always, do a little news, then the smile thing.
	...

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