Treasury

Nobel laureate Paul Krugman says bailing out SVB was sensible but annoying - and calls for tougher rules to prevent more bank failures

Wed, 03/15/2023 - 07:58

Tech Insider

Markets, MI Exclusive, Stocks, Paul Krugman, Nobel prize in economics, Economics, New York Times

Two big Silicon Valley banks failed when the easy money ran out - and that could be just the start.

Mon, 03/13/2023 - 07:00

Tech Insider

Phew. Hey there. Senior reporter Phil Rosen here. Before we jump into the newsletter, the Silicon Valley Bank saga is continuing to unfold, so let's quickly break down the latest.

Markets, Newsletter, 10 things, 10 things opening bell, Silicon Valley Bank, SVB, Financial Crisis

'Big Short' investor Michael Burry blames SVB's collapse on greed and recklessness - and draws parallels with the dot-com and housing crashes

Mon, 03/13/2023 - 05:31

Tech Insider

Michael Burry Getty — Michael Burry.
Kevin Mazur/WireImage

Markets, MI Exclusive, Stocks, Michael Burry, The Big Short, Scion Asset Management, Silicon Valley Bank

A recession indicator is blaring louder than it did before the 2008 downturn - but 'no one seems to care'

Tue, 02/14/2023 - 08:32

Tech Insider

Markets, MI Exclusive, DataTrek, Federal Reserve, Recession, downturn, Interest Rates

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