Podcast co-hosts Swisher and Galloway on the "two Americas in Silicon Valley"
Kara Swisher and Scott Galloway, the "Pivot" podcast co-hosts, tell "Face the Nation" that there was a "huge insecurity injected" into the banking system by Silicon Valley's "constant catastrophizing" ahead of the bank's collapse. "Do we have two Americas in Silicon Valley, and I think lawmakers and Americans are trying to ask, should we backstopping Americans or agents of chaos?" Galloway said.
| Date: | Mar. 19, 2023 7:05 PM ET |
| Link: | More at "CBS News" |
| Source: | Home - CBSNews.com - cbsnews.com |
| Category: | Top stories |
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Transcript: "Pivot" co-hosts Kara Swisher and Scott Galloway on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Kara Swisher and Scott Galloway, co-hosts of "Pivot" podcast, that aired on "Face the Nation" on Sunday, March 19, 2023.
Mar. 19, 2023 - Home - CBSNews.com - Top stories -
Transcript: "Pivot" co-hosts Kara Swisher and Scott Galloway on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Kara Swisher and Scott Galloway, co-hosts of "Pivot" podcast, that aired on "Face the Nation" on Sunday, March 19, 2023.
Mar. 19, 2023 - World - CBSNews.com - World -
Face The Nation: Cohn, Swisher, Galloway, McMasters
Missed the second half of the show? The latest on the "contagion effect" if people lose confidence in banks; Podcast co-hosts Swisher and Galloway on the "two Americas in Silicon Valley" and "more and more evidence" that China is supporting Russia.
Mar. 19, 2023 - Home - CBSNews.com - Top stories -
President Biden co-hosts democracy summit, pushes Congress to take action on gun violence
CBS News senior White House correspondent Weijia Jiang joins us to discuss the second Summit for Democracy, which is being co-hosted by President Biden. She also reflects on the president's recent statements about gun violence and his push to pass ...
Mar. 29, 2023 - Home - CBSNews.com - Top stories - Joe Biden -
Intel co-founder and key Silicon Valley figure Gordon Moore dies
Moore’s insight about how the cost of electronics would plunge made him a symbol of the industry’s advance
Mar. 25, 2023 - UK homepage - Business -
Julianne Hough replacing Tyra Banks as 'Dancing With the Stars' co-host
Julianne Hough is getting even deeper into the "Dancing With the Stars" family.
Mar. 20, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
'The Great British Bake Off' finds new co-host
There's baking news out of the UK.
Mar. 17, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
The Great British Bake Off: Alison Hammond replaces Matt Lucas as co-host
She will take Matt Lucas's place at Noel Fielding's side on the Channel 4 baking show.
Mar. 17, 2023 - BBC News - Home - Top stories -
2023 CMT Music Awards co-hosts Kelsea Ballerini and Kane Brown discuss music and the big show
CBS News' Jan Crawford caught up with CMT Music Awards co-hosts Kelsea Ballerini and Kane Brown in Austin, Texas, ahead of this year's big show. Ballerini and Brown join "CBS Mornings" to discuss the country music's only entirely fan-voted awards ...
10 minutes ago - Home - CBSNews.com - Top stories -
Thanks to Jimmy Carter, America's courts look more like America
Carter did more to reshape the nature and direction of our federal courts than almost any democratic president before or since.
Mar. 27, 2023 - Just In News | The Hill - Politics -
China’s banking troubles are not the same as Silicon Valley Bank, economist says
China's small banks' problems reflect local issues, but do not pose systemic risks, said Zhu Min of the China Center for International Economic Exchanges.
12 hours ago - US Top News and Analysis - Business - China -
Top Fed Officials Criticize Silicon Valley Bank Executives at Senate Hearing
Officials blamed executives at Silicon Valley Bank for its failure on March 10, while adding that Federal Reserve oversight is in for a revamp.
Mar. 28, 2023 - NYT > Top Stories - Top stories -
Silicon Valley Bank Failed to Predict an Obvious Result
It was predictable that the Fed would be forced to raise rates to shore up the value of the dollar and cool inflation.
Mar. 28, 2023 - WSJ.com: World News - World -
Lawmakers Scold Fed Over Silicon Valley Bank Collapse
Senators rebuked the Federal Reserve for failing to prevent the collapse of Silicon Valley Bank despite identifying risks beforehand, while the central bank’s top regulator blamed the firm’s executives for not fixing its problems.
Mar. 28, 2023 - WSJ.com: US Business - Business - Federal Reserve -
Silicon Valley Bank failure is ‘punishing mid-size banks,’ Democratic congressman says
Rep. Brad Sherman (D-Calif.) calls the Silicon Valley Bank failure a result of both mismanagement and a lack of regulation.
Mar. 28, 2023 - NBC News Politics - Politics -
Lawmakers slam regulators following Silicon Valley Bank failure
Lawmakers raked banking regulators at the Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation (FDIC) over the coals during a hearing of the Senate Banking Committee on Tuesday after the agencies failed to act on signs ...
Mar. 28, 2023 - Just In News | The Hill - Politics -
Fed Vice Chair Calls Silicon Valley Bank a ‘Textbook Case of Mismanagement’
The Federal Reserve’s top bank cop blamed Silicon Valley Bank’s leaders, while previewing the central bank’s review of its faulty oversight.
Mar. 28, 2023 - NYT > Top Stories - Top stories -
Silicon Valley Bank collapse was fastest since Barings, says BoE governor
Credit Suisse crisis was ‘drawn out’ compared with SVB demise, Andrew Bailey tells MPsThe governor of the Bank of England has admitted he was surprised by how quickly Silicon Valley Bank failed, saying it was the fastest demise of a lender since ...
Mar. 28, 2023 - The Guardian - World -
First Citizens, one of the nation's largest regional banks, is buying large pieces of Silicon Valley Bank more than two weeks after the lender's collapse sent tremors through the banking system.
First Citizens, one of the nation’s largest regional banks, is buying large pieces of Silicon Valley Bank more than two weeks after the lender’s collapse sent tremors through the banking system.
Mar. 28, 2023 - WSJ.com: World News - World -
First Citizens Bank purchases much of collapsed Silicon Valley Bank
First Citizens Bank agreed to purchase much of Silicon Valley Bank, which collapsed earlier in March. SVB's former branches reopened Monday under the First Citizens Bank banner.
Mar. 27, 2023 - Home - CBSNews.com - Top stories -
First Republic’s stock rallies as First Citizens deal for Silicon Valley Bank lifts banks
The FDIC announced the purchase of Silicon Valley Bank by First Citizens Bancshares, and First Republic's stock rose on reports of more U.S. support for banks.
Mar. 27, 2023 - MarketWatch.com - Top Stories - Business -
First Citizens’ stock notches largest one-day rally ever on deal for Silicon Valley Bridge Bank
First Citizens Bancshares Inc. will assume all loans and deposits of the failed Silicon Valley Bank from the Federal Deposit Insurance Corp., the regulator said.
Mar. 27, 2023 - MarketWatch.com - Top Stories - Business -
FDIC spent $20 billion to handle Silicon Valley Bank collapse
The collapse of Silicon Valley Bank (SVB) set the Federal Deposit Insurance Corporation (FDIC) back only $20 billion while the failure of Signature Bank cost just $2.5 billion, according to prepared remarks by FDIC Chair Martin Gruenberg set to be ...
Mar. 27, 2023 - Just In News | The Hill - Politics -
Silicon Valley Bank's deposits and loans to be bought by First Citizens Bank
First Citizens Bank has reached a deal to buy Silicon Valley Bank after the California lender's stunning collapse earlier this month. CBS News' Tony Dokoupil and Lilia Luciano are joined by Wall Street Journal market reporter Hannah Miao with more.
Mar. 27, 2023 - Home - CBSNews.com - Top stories -
Silicon Valley Bank’s Collapse Chills Start-Up Funding
Two weeks after the bank failed, the fallout has hit the start-up market as investors pull back further and fear has risen.
Mar. 27, 2023 - NYT > Technology - Tech