“American capitalism is crumbling before our eyes.” The phrase is from Ken Griffin, manager and founder of the Citadel Foundation. Griffin is one of the biggest sharks on Wall Street, known for his marketing policies of financial derivatives or betting on the decline in the value of companies, thus protesting the decision of the US authorities to protect the depositors of Silicon Valley Bank and others. needy persons. The investor, who was on the verge of collapse in the crisis of 2008, nodded to the actions of the state. More than 15 years later, in the US, as in Switzerland, state agencies have again had to step out to avoid the risks of a new banking collapse, although today the tools are different.
Source: El Diario