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rescuing again. i ll 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? i ll talk to julian tet of the financial times. then don t mess with the french people s retirement plans. that s the lesson from weeks of strikes and protests and then chaos in parliament as the government pushed through their policy anyway. [ speaking non-english ] which brought the outrage right back to the streets. we ll tell you what you need to know. but first, here s my take. on his trip to saudi arabia last year president biden made an emphatic declaration about u.s. policy in the middle east. he said we will not walk away and leave a vacuum to be filled by china, russia or iran. last week s reproachment between saudi arabia and iran brokered by china suggests t ....
united states and around the world. i m fareed zakaria coming to you from new york. today on the program, panic in the markets as the banks need rescuing again. i ll 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? i ll talk to gillian tett of the financial times. then, don t mess with the french people s retirement plans. that is the lesson from weeks of strikes and protests that sent chaos in parliament as government pushed through their policy anyway. which brought the outrage right back to the streets. we ll tell you what you need to know. but first, here is my take. on his trip to saudi arabia last year, president biden made an emphatic declaration about u.s. policy in the middle east. he said, we will not walk away and leave a vacuum to be f ....
A little over a week ago, the 16th largest bank in the united states, silicon valley bank, collapsed. customers panicked after the bank aunnounced it would sell several billions dollars in shares to cover huge financial losses participating a classic bank run. the bank s failure threatened to wipe out many tech start-ups and venture capital firms and other businesses large and small that kept deposits there. something in the neighborhood of $150 billion held at the bank was not backed by the federal government because it was in accounts larger than the fdic $250,000 limit. the panic looked like it was spreading to other banks and could pose a risk to the broader financial system. so last sunday, the federal government stepped in to rescue silicon valley bank and another failed institution, signature bank. all depositors will be able to get their money, even big ....
Collapsed. customers panicked after the bank announced it would be selling several billion dollars in shares to cover huge financial losses precipitating a classic bank run. the bank s failure threatened to wipe out many tech start-ups, venture capital firms and other american businesses large and small that kept deposits there, something in the neighborhood of $150 billion held at the bank was not backed by the federal government because it was in accounts larger than the fdic s $250,000 limit. the panic looked like it was spreading to other banks and could pose a risk to the broader financial system. so last sunday the federal government stepped in to rescue silicon valley bank and another failed institution, sig of nah you are bank. all depositors will be able to get their money and even big accounts. the biden administration insists this is not the bailouts because the depositors not the ....