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What Next | Daily News and Analysis

Why Silicon Valley Bank Collapsed

What Next | Daily News and Analysis

Slate

News, Daily News, News Commentary, Politics

4.62.3K Ratings

🗓️ 15 March 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

The downfall of Silicon Valley Bank marks the second largest bank collapse in American history. Why and how did SVBgo under? Where were the regulators? And how do we stop this from happening again? Guest: Annie Lowery,staff writer at The Atlantic and the author of Give People Money. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Amicus—and you’ll be supporting the work we do here on What Next. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I would dream first home, probably a doer upper, put a ron stamp on it.

0:03.3

Sounds like a nightmare, which is why I keep saying we should look at new builds.

0:06.5

But they're all sold.

0:07.2

Water tight, asshole free.

0:08.4

Boring, just white boxes.

0:10.2

Well, we can decorate an old liquor painted in there.

0:12.4

Hmm.

0:13.4

Like a nice shade of grey.

0:15.2

We are not having grey walls.

0:16.9

Why not?

0:17.5

Why not?

0:18.5

Whatever stage of the process you're at,

0:20.1

Halifax's online first-time buyer events are full of useful tips and guidance.

0:24.9

Halifax, it's a people thing.

0:26.8

For more information, search Halifax first-time buyer events.

0:30.3

Hey, everyone.

0:32.4

There is some unbleaved language in this episode.

0:35.8

You've been warned.

0:36.8

Any lary rates for the Atlantic.

0:44.8

And she lives in the spiritual home of the tech industry, San Francisco.

0:49.6

That means this past weekend was a strange one for her.

0:53.8

It's been really, really unusually rainy.

...

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