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Podcast: B2B Vault: The Biz To Biz Podcast
Episode: Silicon Valley Bank Banking Crisis: What you need to know! | B2B Vault: The Payment Technology Podcast | Episode 153
Description: Welcome to Fintech Friday!
Today we are diving into the banking mess with three banks going under.
We talk about what happened and what the government is doing about it.
The winners - Depositors getting all their money back even though 80% of them had over $250K which is the FDIC insurance limit.
The losers -Bank Executives and Investors Bank Executives and board members were all fired. From the rest of the fallout and news - someone should go to JAIL.
Investors - Are not getting their money back. It...