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Global Financial Crisis

Central banks' obsession with holding down wages has led to banks becoming 'collateral damage in a class war,' says GFC veteran economist

Wed, 03/22/2023 - 05:45

Tech Insider : Economy

Economist Ann Pettifor — Central banks' obsession with holding down wages has led to banks becoming 'collateral damage in a class war,' warns GFC veteran economist.
Simone Padovani/Awakening/Getty Images

economy, News, Global Financial Crisis, Federal Reserve, Central Banks, Interest Rates, Inflation

'Big Short' investor Steve Eisman says today's bank turmoil is nowhere close to a repeat of the 2008 financial crisis

Tue, 03/21/2023 - 11:14

Steve Eisman — Steve Eisman.
Hector Retamal/AFP via Getty Images

Markets, MI Exclusive, Steve Eisman, bank crisis, silicon valley bank crisis, 2008, Recessions

SVB's Greg Becker previously asked Congress to ease regulatory oversight on the bank, citing its own 'strong risk management practices'

Mon, 03/13/2023 - 10:45

Greg Becker, CEO of SVB Financial, is shown speaking during the Milken Institute Global Conference in Beverly Hills, California, on May 3, 2022. — Greg Becker, CEO of SVB Financial
Photo by PATRICK T. FALLON/AFP via Getty Images

Markets, MI Exclusive, SVB, Congress, Regulation, Global Financial Crisis, Silicon Valley Bank collapse

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