Why did Silicon Valley Bank fail and is a financial crisis next?
David Skeel of Penn Carey Law believes that the Fed’s aggressive intervention and promise to protect even uninsured deposits makes another Lehman situation unlikely.
David Skeel of Penn Carey Law believes that the Fed’s aggressive intervention and promise to protect even uninsured deposits makes another Lehman situation unlikely.
Jill Fisch of Penn Carey Law says that the SEC’s climate reporting draft rule will likely face legal challenges no matter how accommodating the commission is to the feedback.
Quinta Brunson, star and creator of “Abbot Elementary,” will speak at the Graduate School of Education commencement, while Tony award-winning actress and singer/songwriter Idina Menzel will serve as Penn’s main Commencement speaker.
On “Closing Bell,” Jeremy Siegel of the Wharton School discusses the consequence of yield-curve inversion, the silver lining from Silicon Valley Bank’s collapse, and a potential shift in tone from the Fed about rate policy.
Peter Conti-Brown of the Wharton School says that there were many red flags in Silicon Valley Bank that went unobserved or ignored by regulatory supervisors.
Peter Conti-Brown of the Wharton School says that incompetence was behind the collapse of Silicon Valley Bank.
Tom Baker of Penn Carey Law defines “moral hazard” as when someone behaves differently because they know they’re not going to have to bear the consequences of their actions.
According to a 2014 meta-analysis by Katherine Klein of the Wharton School, studies indicated that there was no business case for or against appointing women to corporate boards.
Peter Cappelli of the Wharton School says that layoffs show immediate effects and reduce costs for companies, though they often can’t see the long-term drawbacks of employee cuts.
A profile looks at John Swartley of the Penn Center for Innovation and his work supporting the spin-out of 270 startups from the university, including 29 cell and gene therapy companies in the past four years.