'No doubt' that more banks will fail after Silicon Valley Bank's implosion, says the FDIC chair who oversaw part of the 1980s banking crisis

• A former FDIC chair says there's "no doubt" more banks will fail after Silicon Valley Bank's collapse.
• William Isaac said the collapse of SVB seemed "a lot like the 1980s" banking crisis, per Politico.
• Many observers still think SVB's failure doesn't mean other banks also run the risk of collapsing. 

A former top banking regulator says Silicon Valley Bank's collapse on Friday will undoubtedly cause more banks to fail.