Your banking questions, answered

2024-12-25 13:11:23 source:lotradecoin reliability category:Stocks

It's been a month since the collapse of Silicon Valley Bank touched off the worst episode of banking turmoil since 2008. While the financial system appears to have stabilized, we're still reckoning with what happened. Regulators are getting dragged before Congress. The Federal Reserve and the FDIC have promised reports on what went wrong with bank oversight. And judging by our inbox, you, our listeners, have a lot of lingering questions.

Questions like: Was it a bailout? Where were the regulators? Is it over yet? And what about those other banks that were teetering on the edge?

Today on the show, some answers for you.

This episode was produced by Sam Yellowhorse Kesler with help from Willa Rubin. It was engineered by Brian Jarboe. It was fact-checked by Sierra Juarez and edited by Molly Messick. Jess Jiang is our acting executive producer.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.

Find more Planet Money: Twitter / Facebook / Instagram / TikTok / Our weekly Newsletter.

Music: "Back to the Other Side," "City Night Drive," "Dance Around the Embers," "Golden Hour," and "Sunrise on the Dunes"

More:Stocks

Recommend

GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and stop funding it

South Korean lawmakers vote to lift opposition leader’s immunity against arrest

SEOUL, South Korea (AP) — In a surprise outcome, South Korea’s opposition-controlled parliament on T

Alex Murdaugh plans to do something he hasn’t yet done in court — plead guilty

Convicted murderer Alex Murdaugh is expected to step before a judge Thursday and do something he has