MiB: Shelia Bair, former FDIC Chair
This week, I speak with former FDIC Chair Shelia Bair. We discuss the release of her latest book “How Not To...
What is a Bailout?
Silicon Valley Bank depositors made whole; Credit Suisse counter-parties saved; First Republic bondholders protected — are...
Déjà Vu? Why 2023 is Not 2008
Depositors heaved a sigh of relief when news broke Sunday that the Federal Deposit Insurance Corporation was going to make whole...
Discussing Bank Contagion with Pete Dominick
I spent some time with my buddy Pete Dominick on Monday talking about all of the things we don’t know about SVB. As...
All the Things We Do Not Know About SVB
The news broke Sunday afternoon that depositors would be made whole and would have full access to their accounts and money today;...
Misunderstanding Narratives: The Hero’s Journey
To hear an audio spoken word version of this post, click here. Joseph Campbell’s seminal work1 explores the...
Beware Economists Warning Against “Too Much...
To hear an audio spoken word version of this post, click here. Debates between various schools of economic thought keep...
Torsten Sløk to Apollo from Deutsche Bank
Negative interest rates not the right tool for this shock Source: Torsten Sløk, Deutsche Bank Research Torsten Sløk, chief...
Go Big (little version)
On Thursday, I mentioned my beastly BusinessWeek piece on economic rescues: It’s Time to Go Big. For those of you who don’t...
BusinessWeek: It’s Time to Go Big
The U.S Needs Way More Than a Bailout to Recover From Covid-19 Shore up the markets, sure, but don’t stop there. It’s time for...