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REVEALED: Dennis kelleher | Rare Historical Photos

CEO pay again in focus as the heads of failed banks appear before Senate panel

The recent failures of a trio of midsize banks has once again raised questions on whether executive compensation is tilted toward short-term gains rather than companies' long-term health

The Independent UK

What went wrong at Silicon Valley Bank? The Fed is set to release a postmortem report

The Federal Reserve and the FDIC are set to report Friday on their oversight of two failed banks. The banks' collapse six weeks ago rocked credit markets and raised the risk of recession.

WEKU

Michael Hiltzik: How Trump's frenzy of deregulation killed Silicon Valley Bank

Late in 2018, two Trump-appointed banking regulators, Federal Reserve Vice Chair Randal Quarles and FDIC Chair Jelena McWilliams, went on a nationwide tour to meet with regional bank examiners.

Los Angeles Times

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Experts, banks look for ideas to stop next bank failure

The warning signs were all there

The Independent UK

Progressives and bankers find common ground in SVB crisis

They both blame Fed regulators.

Axios

Fed, under criticism for bank failure, faces tough decisions

The Federal Reserve is facing stinging criticism for missing what observers say were clear signs that Silicon Valley Bank was at high risk of collapsing into what became the second-largest bank failure in U.S. history

The Independent UK

Michael Hiltzik: As Silicon Valley Bank's red flags were flying, the Fed was AWOL

On Jan. 18, William C. Martin, a short-seller and former hedge fund executive, warned his Twitter followers that they were missing something important about Silicon Valley Bank.

Los Angeles Times

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After a year of collapses, cryptocurrency’s future in the balance

WASHINGTON — Spectacular cryptocurrency failures in 2022 have raised the stakes for the industry amid questions about the enduring viability of a technology that advocates say has the potential to revolutionize finance.

Tribune News Service

After a year of collapses, cryptocurrency’s future in the balance - Roll Call

The cryptocurrency industry's failures in 2023 could mean its demise or a chance to regroup and build on its cultural reach.

Roll Call

Tech venture capital fueled FTX’s rise—and bears some responsibility for its downfall

Mounting evidence shows VC firms ignored major warning signs and failed to take basic risk-mitigation steps.

Fortune

Tech venture capital fueled FTX’s rise—and bears some responsibility for its downfall

Mounting evidence shows VC firms ignored major warning signs and failed to take basic risk-mitigation steps.

Fortune

Crypto's biggest player says most people shouldn't invest in crypto right now

Binance's CZ calls on the crypto community to help 'rebuild' after FTX collapse, while advising first-time investors to stay away.

Fortune

The writing was on the wall for the FTX and crypto collapse, a top DC financial reform advocate says

The writing was on the wall for the FTX and crypto sector crash.

Fortune

A young crypto billionaire's political agenda goes well beyond pandemic preparedness

In May, an eccentric 30-year-old cryptocurrency billionaire named Sam Bankman-Fried made a startling proclamation. In a podcast interview, Bankman-Fried said he would spend as much as $1 billion of his estimated $12.8-billion fortune on American politics by the 2024 election, joining the ranks of megadonors such as George Soros and…

Los Angeles Times

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Tribune News Service

Crypto sector lobbying expenditures up a third in second quarter

WASHINGTON — Spending by the cryptocurrency lobby hit a record high last quarter, as members of Congress from both parties and chambers proved willing to engage with the industry’s top priorities.

Roll Call

Crypto sector lobbying expenditures up a third in second quarter - Roll Call

The cryptocurrency industry set a new spending record on lobbying in the latest quarter as it becomes a bigger issue in Washington.

Wales Online

'We don't want to be forced to sell our home' - the reality of life for two victims of the Cardiff ASW pensions scandal

Dennis and Lesley Kelleher are among those who lost their pensions when Cardiff-based steelworks Allied Steel and Wire collapsed 20 years ago

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