Talking MONEY with Tarashuk

Part of the Silicon Valley Bank collapse was due to the bank having the buy back bonds at a loss. But what exactly are bonds and how did they lose value to begin with? In this podcast clip, Chief Strategist at Interactive Brokers, Steve Sosnick gives a Bonds 101 lesson and how it applied to the fall of SBV. 

If you want to be a guest on Talking with Tarashuk  please email me at will@apspodcast...

In this podcast clip, Steve Sosnick breaks down the traditional banking model and how it works, as well as the challenges that arise when a bank borrows short term and lends long term. He explains how Silicon Valley Bank invested its excess funds in what appeared to be safe securities such as government bonds, but then faced the problem of falling bond prices as interest rates rose...

Finance expert Steve Sosnick delves into the recent collapse of Silicon Valley-based bank, SVB Financial. He discusses how the bank's success led to its downfall, and how even the Federal Reserve and many other experts failed to predict its collapse. 

I also shed light on how the bank's executives sold their shares before the collapse, leaving me wondering if they had any obligation to inform others and if any legal action can/ will be taken...

In this clip, financial expert Steve Sosnick discusses the recent collapse of Silicon Valley Bank, the 16th largest commercial bank in the United States. Silicon Valley Bank had a reputation for being a leading provider of financial services to startups, venture capital firms, and high-growth technology companies. However, many people outside of the tech industry may not have been familiar with the bank until its collapse...

When the Silicon Valley Bank crashed, I needed a podcast guest with all the knowledge to break it all down. Steve Sosnick, a former trader on Wall Street who now works in a strategy role. Steve shares his experience working at big firms like Lehman Brothers and Morgan Stanley before eventually joining Timber Hill, which later became Interactive Brokers, where he helped manage their options trading business...

The discussion is about the government's plan to retain all the funds and the different ways they can do this: raise taxes, print money or have the banks pay for it. Will and Steve discuss the pros and cons of each option. They agree that letting the banks fail is not an option, but they also question the fairness of making the middle class pay for the banks' mistakes...

In this video, Steve Sosnick and I delve into the fascinating world of money, credit, and debt. We explore how money used to be backed by gold or silver, but now it's linked to credit, which banks create by lending out more money than they actually have on hand. We discuss how this system works, and why it's able to function based on the trust people have in the banking system.

However, we also acknowledge that this system can collapse, and the consequences can be dire...

Steve Sosnick and I discuss the FDIC insurance threshold of $250,000 per account, which is meant to protect individuals but may not be enough for businesses with more funds. We question where the money to bailout the Silicon Valley Bank depositors will come from and what the ramifications may be in terms of insurance premiums on banks...

In this video, financial expert Steve Sosnick and I discuss the importance of bank regulation and the risks associated with reckless banking practices. We explore the precedent set by the bailout of banks and how it can encourage irresponsible behavior, like we saw with Silicon Valley Bank.

The conversation delves into the need for restrictions and regulation in the banking industry, despite the dislike for regulations...

Steve Sosnick and I discuss the concept of inflation and its impact on our economy. We explain how the increase in the amount of money being printed can lead to a decrease in the value of each dollar, which is known as inflation. Steve also highlights how the discovery of gold by the conquistadors in the early 1500s caused massive inflation due to the sudden influx of gold...