Here s Who s Responsible For Silicon Valley s Bank Collapse

The collapse of Silicon Valley Bank and subsequent depositor rescue by the Biden administration through the FDIC has launched a firehose of fingerpointing, ass covering and general controversy. Tech industry investor David Sacks tells Jimmy that government incompetence led to the debacle, which is why government intervention was necessary to save depositors from sustaining heavy losses and possibly inspiring a run on other banks. Jimmy and Sacks discuss the history that led to SVBs demise and the Biden administrations subsequent actions. David Sacks on Twitter: David Sacks podcast: Become a Premium Member: Go to a Live Show: Subscribe to Our Newsletter: LIVESTREAM LIVE SHOW ANNOUNCEMENTS: Email: Twitter: