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10 results for “bank runs”
Concept4 mentions across episodes
bank runs
...collapse. So some people say, well, interest rates went up, and that led to paper losses on the bank's bond holdings. And so people got nervous and started pulling their money. And then other people say, well, people started pulling their money even
10:22 / 11:32
from transcript10:22 – 11:32
...Bank. So the other thing that happened other than the expanded deposit insurance was the creation of a new Fed Lending facility, another acronym, the BTFP. How big a deal was that one? That one was weird. All banks have the ability to access the disc
24:00 / 25:00
from transcript24:00 – 25:00
...but it's still getting shot in the market. And that's because the government has still not given people assurance that every deposit is safe. My overarching point is we need to get everyone calm. It's a bit like there were runs on mutual funds. I don
24:32 / 25:51
from transcript24:32 – 25:51
...Bank and kind of First Republic is some of these large venture capital companies, calling there hundreds of them, maybe a thousand, told their constituent clients that they invested in, who all banked to Silicon Valley and First Republic, the banks a
52:26 / 53:44
from transcript52:26 – 53:44
...banks. That's Signature and Silicon Valley Bank. They have an explicit guarantee of the US government. Then there's JPMorgan, there's Citi, there's BofA, maybe Wells Fargo, if you will, that are systemically important institutions because they've got
24:54 / 26:30
from transcript24:54 – 26:30
...Mhmm. And the regulators weren't ready for it. The whole problem would have been solved irrespective of the asset liability mismatch if the Fed had simply opened the discount window Mhmm. Wide enough Mhmm. Early enough to stop the run. They actually
3:00 / 4:03
from transcript3:00 – 4:03
...Bank collapsed in forty eight hours. Not because of bad loans or fraud, because customers could move money faster than regulators could react. The Internet had turned a manageable problem into a systemic crisis. Here's what almost no one noticed. SVB
0:00 / 1:01
from transcript0:00 – 1:01
...index, and we'd get blasted on our valuation, which is fine. It always you know, valuations are short term. It all came ripping back after that. So one of the issues that came up during the, 2023 banking drama, I guess, is the discount window and ban
42:45 / 43:49
from transcript42:45 – 43:49
...may give you a fee for going under 5,000. Yes. I mean, why do they do that? Like, this should be something they do automatically. You can see that it's it's moving $1,300 to optimize. I choose it. I approve it with my private key, which is linked to
38:56 / 40:15
from transcript38:56 – 40:15
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