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Why 2008 financial crisis rules didn’t stop recent bank failures
May 3, 2023

Why 2008 financial crisis rules didn’t stop recent bank failures

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Patrick Fallon/AFP via Getty Images
Can rapid bank growth and consolidation be successfully regulated? Plus, pay gains are slowing, and inside a California recycling operation.

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Sometimes it's what's not said that's important

The Federal Reserve just increased interest rates for the 10th time in a row. Marketplace host Kai Ryssdal gives context for their decision.

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Banks in Turmoil

Why 2008 financial crisis regulations didn't prevent the recent bank failures

by Matt Levin
May 3, 2023
Three major bank failures in two months. What happened to all those regulations?
"SVB was among the large regional banks that really should have been engaging in stress testing and wasn’t," said Columbia Law professor Kathryn Judge.
Noah Berger/AFP via Getty Images
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What do bank branches offer in an online-banking world?

by Stephanie Hughes
May 3, 2023
JPMorgan Chase's purchase of First Republic includes its brick-and-mortar locations. In-person interaction is still a key part of the business.
Spencer Platt/Getty Images
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Wage gains after changing jobs were lower in April

by Samantha Fields
May 3, 2023
The moderation in pay growth is part of more balanced and stable economic conditions, some economists say.
"The fact that pay gains are decelerating means that demand and supply are coming into better balance," said ADP's Nela Richardson.
Anna Moneymaker/Getty Images
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How companies commodify your recycled waste

by Kai Ryssdal and Maria Hollenhorst
May 3, 2023
We tour a materials recovery facility in California, where the stuff consumers toss into recycling bins is sorted.
Athens Services, a Southern California waste collection an recycling company, is just one part of a global system that recycles waste into new packaging and products.
Antoinette Brock/Marketplace
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The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sarah Leeson Producer I
Sean McHenry Director & Associate Producer II
Richard Cunningham Associate Producer I
Dylan Miettinen Associate Digital Producer

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