CoinDesk Podcast Network - BREAKDOWN: Even Barney Frank Thinks Signature Was Shut Down to Send an Anti-Crypto Message

Signature Bank was shut down by the NYDFS citing “systemic risk.”

On Sunday, as government authorities announced that Silicon Valley Bank depositors would be protected, they added that the New York Department of Financial Services would be shuttering Signature Bank. Little explanation was given but some, including Signature board member and bank regulation architect Barney Frank, think it was a calculated move to send an anti-crypto message.

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“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with today's editing by Jonas Huck, research by Scott Hill and additional production assistance by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Paul Marotta / Getty Images, modified by CoinDesk.

Join the discussion at discord.gg/VrKRrfKCz8.

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.

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The Daily Signal - TOP NEWS | Biden Tries to Ease American’s Fears After Collapse of Silicon Valley Bank, Reporter Assaulted by Antifa, Leaders of China and Ukraine May Meet | March 13

On today’s Daily Signal Top News, we break down:


  • After the collapse of Silicon Valley Bank, President Joe Biden says Americans should still feel confident in the U.S. banking system.
  • A group of about 1,000 illegal aliens rush to cross the border from Mexico into Texas. 
  • Antifa assaults a reporter at a detransitioner rally in California. 
  • In just one week, Ukraine’s President Volodymyr Zelenskyy says Ukraine’s forces “managed to eliminate more than 1,100 enemy soldiers.” 


Relevant Links

https://www.dailysignal.com/2023/03/11/antifa-assaulted-me-at-a-detrans-rally-heres-what-happened/ 


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Motley Fool Money - Big Banks Sure Are Quiet These Days

Regulators seized another bank over the weekend, as the federal government came up with a plan to use money from a fund paid into by U.S. banks to make SVB's depositors whole again.

(0:21) Jason Moser discusses: - Signature Bank failing and shares of First Republic Bank falling 60%. - Why "bailout" is probably not the right word to describe what's happening - How big banks like JPMorgan Chase and Bank of America are gaining strength simply by going about their business

(11:20) We're celebrating our own version of "March Madness" by having analysts face off, bracket-style, as they go head-to-head over which stock is a better buy. Jim Gillies and Jim Mueller kick off the week with a biotech software company and a well-known real estate broker.

Companies discussed: SIVB, SBNY, FRC, SCHW, BAC, JPM, SDGR, RMAX

Host: Chris Hill Guests: Jason Moser, Jim Gillies, Jim Mueller Producer: Ricky Mulvey Engineers: Dan Boyd, Kyle Carruthers

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Federalist Radio Hour - ‘The Great Parent Revolt’

On this episode of "The Federalist Radio Hour," Lance Izumi, senior director of the Center for Education at the Pacific Research Institute, joins Federalist Culture Editor Emily Jashinsky to discuss the growing number of people who are leading the charge against ideological indoctrination in schools.

You can find Izumi's book "The Great Parent Revolt: How Parents and Grassroots Leaders Are Fighting Critical Race Theory in America's Schools" here: https://www.barnesandnoble.com/w/the-great-parent-revolt-lance-izumi/1142911660

The Phil Ferguson Show - 452 How We Found The Earth Is Round – Mormon Solar Panels – How To Remove Funds In Retirement

Interview with J.R. Becker. He is the author of the children's books called "Annabelle & Aiden". His new book for kids is called "How We Found The Earth Is Round".

You can help fund this book by going to this kickstarter link!
https://www.kickstarter.com/projects/jrbecker/how-we-found-the-earth-is-round

Additional thoughts...
My discussion with Mormon Solar Panel Salesperson

Investing Skeptically:
How much money can you remover per year in retirement?
It is complicated but, it might be more than you think.

Lost Debate - How Silicon Valley Bank Failed

We’ve got a special episode today to cover a wild weekend in financial news, as Silicon Valley Bank fails and regulators and investors alike brace for the aftershocks. Ravi sits down with Brad Hargreaves, the Founder and Chairman of Common, to talk about what led to SVB’s demise, whether its failure poses systemic risks, how it’s affecting the tech ecosystem in particular, and to give their predictions on what happens next. 

Leave us a voicemail with your thoughts on the show! 321-200-0570

Show notes: https://lostdebate.com/2023/03/13/how-silicon-valley-bank-failed/


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Stuff They Don't Want You To Know - Strange News: Keanu Fights Fungi, Mr. Beast vs. Walmart, and Russia’s Shadow Oil Fleet

German researchers name a groundbreaking discovery after the legendary Keanu Reeves. YouTuber MrBeast sets his fans upon Walmart. Across the planet, Russia uses a "shadow fleet" of tankers to bypass sanctions -- no one's publicly saying who runs these groups... only that the fleet appears to be growing. All this and more in this week's Strange News.

They don't want you to read our book.: https://static.macmillan.com/static/fib/stuff-you-should-read/

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