Did The Government Bailout Of Banks Just Seal The Victory For Inflation?
Listen now (7 min) | To investors, Silicon Valley Bank’s failure on Friday afternoon left the business and finance industries scrambling in uncertainty. Would depositors get their money back? What would happen to the equity and bond holders? How would so many startups meet their payroll requirements in the coming week? Open in app…
Read MoreSVB’s Row of Red Flags
Plus: New York State threatening to make Knicks fans watch games sober …
Read MoreBitcoin Rises as FDIC Backs Up Silicon Valley Bank Customers
Plus, Circle’s USDC stablecoin falls below $1 peg. March 13, 2023 The latest moves in crypto markets, in context By Lyllah Ledesma, CoinDesk reporter Was this newsletter forwarded to you? Sign up here. Welcome to Monday. Here’s what’s happening in crypto today: Bitcoin gains as the FDIC backstops Silicon Valley Bank depositors. Circle’s…
Read More💥 A bank collapse, explained
Plus: Scrolling Star Wars, feedback tips for leaders, a good tweet, and more. View Online Boxer Floyd “Money” Mayweather lived up to his nickname by upgrading his Rolls-Royce limo, which now sports mink rugs and a 45-inch TV. Total cost: $180k — enough to field a full baseball lineup of Kia Souls. In today’s email:…
Read More