Hey all, Jason here.
In this episode, I (tried!) to bring together some of my favorite voices in banking and fintech to reflect on the one year anniversary of Synapse’s failure. Alex Johnson, of Fintech Takes, and Jesse Silverman, of Troutman Pepper, joined me to talk about:
Recent developments in the bankruptcy case (spoiler: Jesse isn’t a bankruptcy lawyer!)
Who’s to blame for the Synapse disaster
Reflections on some of the regulatory response, including former FDIC Chair Gruenberg’s effort to roll back the 2020 brokered deposit rule and the “Synapse” ledgering and reconciliation rule
What lessons stakeholders — banks, fintechs, regulators, VCs — can and should take from this situation
And more!
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