The SVB bailout, moral hazard, and bad precedent (03-13-2023--Hour2)
The Pete Kaliner ShowMarch 13, 202300:32:0329.4 MB

The SVB bailout, moral hazard, and bad precedent (03-13-2023--Hour2)

The plan to minimize the losses of Silicon Valley Bank's failure will induce more bad behavior and make it harder to argue against bailouts for other Americans and businesses.

 

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