English
Français
Deutsch
Italiano
Português
Русский
Español
ไทย
Türkçe
简体中文
日本語
한국어
हिन्दी
Topline
In its report on March’s failure of Silicon Valley Bank released Friday, the Federal Reserve pointed a finger at social media’s influence on the crisis – and admitted it did not do enough to cool the situation.
Key Facts
The 114-page report listed social media-fueled panic as one of the chief factors behind the second-largest bank failure in U.S. history, primarily blaming the collapse on poor risk management at the bank and too loose supervision from Fed supervisors.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
