The Risks The Big Banks Continued Taking
The Drill Down with Peter Schweizer
Government Accountability Institute
4.9 • 627 Ratings
🗓️ 27 March 2023
⏱️ 26 minutes
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| 0:00.0 | Research that resonates. |
| 0:05.0 | Schweitzer has not been wrong on any of his years and years of reporting on the Bidens. |
| 0:12.0 | Investigations that matter. |
| 0:14.0 | If your last name wasn't Biden, do you think you would have been asked to be on the board of Burisma? |
| 0:19.0 | I don't know. I don't know. Probably not. But that's, you know, I don't think that there's a lot of things that would have happened in my life that if my last name wasn't fighting. The only entities, the only people that would report on this, and Peter Schweizer, who deserves a Medal of Freedom in my view. This is The Drill Down with Peter Schweitzer. Hi, this is Peter Schweitzer and welcome to the |
| 0:40.6 | Drill Down, where we relentlessly expose cronyism, corruption, and the abuse of power in Washington, |
| 0:46.1 | D.C. seated by my side is Eric Eggers, who is wearing yet another hoodie. You may be |
| 0:52.2 | struggling because of economic uncertainty in your life, but clearly your |
| 0:56.8 | financial situation is pretty good, given the quality of the hoodies that I'm seeing these days. |
| 1:01.1 | Well, absolutely. Thanks to you and, you know, that your generosity and the generosity of our donors, |
| 1:05.8 | I think my personal situation is I'm becoming too big to fail. And I'm loving it. |
| 1:12.3 | Too big to fail. |
| 1:13.6 | And if you were a bank, you would be bailed out. |
| 1:16.4 | That's correct. |
| 1:17.3 | Yeah, I think that's one of the reasons why people's economic uncertainty aside from |
| 1:20.6 | my hoodie collection is actually quite fraught these days. |
| 1:23.5 | You've got banks failing left and right. |
| 1:26.7 | And, you know, you see the phrase global economic collapse, just casually thrown out on social media. Luckily, that has not happened. Right. Although it would make for a great podcast if it did. It would. It would make for a great podcast. We'd probably do it in sackcloths and with this. No, I'd still wear my elite hoodie collection. Just to kind of rub it in. I'm so sorry. Things are not going well for you. Well, we're going to talk today about the very, very controversial bailout that took place for Silicon Valley Bank, SVB, as it's known. Well, now, hang on. We bailed out the clients, not the bank. You know, that's capital. Well, it's the same, it's the same thing, right? It's the same thing. You're bailing |
| 2:04.3 | out the bank through the clients. And we're going to talk about that subject, actually. Is this |
| 2:09.4 | actually capitalism? Uh, is this crony capitalism? Why is F, SVB getting bailed out when other |
| 2:17.2 | entities are not? Um, and we're going to explore some of the |
| 2:21.9 | inner workings of why SVB failed, why it's being bailed out. Who are some of the people that are |
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