In Billions Season 5 Episode 5, the Axe Capital team brings down Vark Bank following Bobby Axelrod's orders. In reality, Credit Suisse, Silicon Valley Bank, Silvergate, Signature bank closed down in quick succession. We analyze how banks fail and how to make it happen.
To understand the banking crisis of March 2023, I spoke to Dan Davies, the author of Lying for Money and a specialist in banking crises. Full conversation with Dan Davies on the podcast: https://pod.link/1511595070
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