
An Extended Breakdown of the Fed and Banks (Podcast)
Bloomberg Intelligence
00:00
Silicon Valley Bank's CEO Lobbied Congress to Lock Down Regulation
There were there were red flags at Silicon Valley Bank and the regulators knew it and the regulators did nothing about it. The small community banks, however, that was a complete regulatory fumble with Dodd-Frank to target banks with 10 billion dollars of assets. And then they went out and made up for having to cover the cost of compliance by making go go commercial real estate loans. It seems that banks demanding less oversight have a tendency to blow themselves up.
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