Liberty Mutual Professor Pat McCoy
BC Law Liberty Mutual Professor Pat McCoy spoke to a number of news outlets on the collapse and federal bailout of SVB Bank, the fallout and the potential spread of bank runs across the country.
New York Times: Lifting the Deposit Insurance Cap, Even Temporarily, Can Pose a ‘Moral Hazard’
Marketplace: What are SVB's depositors thinking as bank fallout continues?
The Hill: Silicon Valley Bank failure sparks startup concerns, ‘bailout’ pushback
Bloomberg: SVB, Signature Failures Could Change How US Reviews Bank Mergers
ABC News: Experts call cryptocurrency a 'bystander' in SVB, Signature Bank collapses
NPR/Marketplace: What is “moral hazard,” and why does Silicon Valley Bank have us talking about it again?
WBUR Radio: Silicon Valley Bank to customers: Come back!
CNN: How First Republic became such a hot mess
NPR/Marketplace: You can protect more than $250,000 at a bank. But beware the “moral hazard.”
CNN: First Republic shares tumble to a new low
Reuters: Analysis: Social media-driven bank runs burden regulators with a bigger problem
CNN: After bank failures, Elizabeth Warren demands Fed crackdown on large regional banks
NPR/Marketplace: “Moral hazard” at banks isn’t just a theoretical concern
Reuters: How First Republic's courtship of the wealthy led to meltdown
Bloomberg video: Bloomberg Markets (McCoy interview on banks begins as 1:39:50 mark)
Yahoo Finance: Regulators blame social media for SVB's rapid collapse: 'Complete game changer'