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Are More Banking Failures Coming? Author of "The Lost Bank" Kirsten Grind
12th May 2023 • Beyond the Mic with Sean Dillon • Beyond the Mic with Sean Dillon
00:00:00 00:07:47

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Award winning reporter and author of “The Lost Bank” Kirsten Grind takes a Beyond the Mic Short Cut to talk bailouts, what it will take for stability in the markets and her favorite popcorn topping and more.

Welcome Kirsten:

We’re joined on the Starline by an award winning reporter for the Wall Street Journal. Her first book was about the collapse of Washington Mutual bank in “The Lost Bank”. We welcome Kirsten Grind.

Kirsten, let’s go Beyond the Mic. Washington Mutual, SVB. What are the similarities between the two and what are the differences?

Wall Street came to the rescue, no bailout needed, as 11 banks deposited $30 billion to keep First Republic Bank solvent and UBS buys Credit Suisse for $3.2 billion. Why should people not be terrified right now?

Your new book “Happy at Any Cost” talks about the ups and downs of the late Zappos CEO. You don’t do fluff pieces, straight to the hard stuff. What’s your next project?

The Rockin' 8:

It’s time for the Rockin’ 8, 8 random questions; answer with the first thing that comes to your mind. There is no Pressure.

1. Have you had any offers for your Washington Mutual Teller Doll yet?

2. You once did the Seattle to Portland bike ride. How long did it take for you to do it?

3. How many books do you usually buy at one time?

4. Best thing about your sons?

5. Last gift you gave your chocolate lab?

6. Best place to go on the Cal Poly State campus?

7. Favorite popcorn topping?

8. Best thing about your husband?

One Big Question:

What do you see that could happen that will bring stability in the market in the next 30 days?

What are the warning signs that people should be looking out for?

Which fact that you researched was the one that shocked you?

One Big Question:

What one thing would you tell yourself if you could back when you were an intern at the Colorado Springs Gazette?

What scares you financially?

The Wrap:

She likes popcorn without butter, gave her lab a giant bone and wants you to read her book “The Lost Bank” and “Happy at Any Costs”. Author Kirsten Grind, thanks for taking the time to talk with us today.

And that my friends is a Beyond the Mic Short Cut.



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