Latest / The Clark Howard Podcast
03.13.23 SPECIAL EDITION - The Failure of Silicon Valley Bank
SPECIAL EDITION - The Failure of Silicon Valley Bank
Clark discusses this week’s SVB failure including the strength and scope of this bank, how much of the deposits were insured & the security of funds generally, the impact on businesses and how the federal government has had to step in. Clark also answers initial questions for what will be his ongoing coverage of this event as needed moving forward.
Mentioned on the show
NYTimes: Regulators Close Second Bank and Move to Ensure Deposits
Deposit Insurance - FDIC
Certificate of Deposit Account Registry Service - Wikipedia
SIPC - Securities…
The skinny
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