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The banking system that loaned billions to SVB and First Republic

Podcast |: The Indicator from Planet Money
Publisher |: NPR
Media Type |: audio
Podknife tags |: Business,; Economics
Categories Via RSS |: Business
Publication Date |: May 02, 2023
Episode Duration |: 00:09:29

Unsung hero of the financial system or enabler of failing banks? Today on the show, how the Federal Home Loan Bank system, originally designed to support homeownership and affordable housing, ended up loaning billions to failing banks like First Republic.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy

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