03.13.23 Special Edition - The Failure Of Silicon Valley Bank | Clark Howard Podcast

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 Investor Protection Corporation

Roku Warns of Potential Losses From SVB Failure

SVB Rocks California as Rich Founders Join Napa Vintners in Fear

NYTimes: Silicon Valley Bank Fails After Run by Venture Capital Customers

SVB Is First FDIC-Insured Institution to Fail in 2023

NYTimes.com: The Second-Biggest Bank Failure

[The Washington Post] Here’s how much of your bank deposits are FDIC protected

NYTimes.com: Silicon Valley Bank Collapse Sets Off Blame Game in Tech Industry

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Episode transcripts

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