CEOWORLD magazine - Archive in Richard Vague

Richard Vague

Richard Vague

Richard Vague is the former Secretary of Banking and Securities for Pennsylvania, and former CEO of Energy Plus, Juniper Financial, and First USA Bank. He is the author of An Illustrated Business History of the United States, The Case for a Debt Jubilee, A Brief History of Doom, and the upcoming Paradox of Debt.

Richard Vague is an opinion columnist for the CEOWORLD magazine. Connect with him through LinkedIn. For more information, visit the author’s website CLICK HERE.
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The Bank Failure Blame Game — Who Is Really Responsible for Silicon Valley Bank’s Demise?

On March 10, the Silicon Valley Bank (SVB) of Santa Clara, California, was closed by California regulators who appointed the Federal Deposit Insurance Corporation as receiver. The failure caught the bank’s investors, customers and funders — and the country — by surprise. This was the second-largest bank failure in U.S....