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July 7, 2024
rescuing again. ill ask one of the people who was at the center of the storm the last time around, the former ceo of goldman sachs lloyd blankfein about whether the system is stable, and is your bank account safe? also, how did it come to this? did we learn the wrong lessons the last time? ill talk to julian tet of "the financial times." then -- dont mess with the french peoples retirement plans. thats the lesson from weeks of strikes and protests and then chaos in parliament as the go...
March 19, 2023
The systemic risk to the entire system so the dragnet picks up everybody when you do it, but it opens up the -- what youre asking, what i think, is really the policy question of guaranteeing deposits and thats something that will have to be worked through. we have a $250,000 cap on what the government will guarantee. how sensible is that? the words that get tossed around is moral hazard and that is if you protect these depositors they and other depositors in the future wont be so careful where t...