On today's episode of The Breakdown, we're revisiting an important topic in light of recent financial news. As the FDIC prepares to take over First Republic Bank, we're airing an episode of The Momentum Advisors that originally aired on March 19th. In this episode, they discuss what happens when banks fail and provide insight into the recent failures of Silicon Valley Bank and Signature Bank. They also delve into the history of bank failures in the US and offer tips on how to protect yourself if this happens to your bank in the future. It's a timely and informative episode that you won't want to miss.
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