San Francisco's perfect storm

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April 3, 2023

Silicon Valley Bank was the preeminent lender to the venture-capital firms and startups that help fuel the region's economy. Photographer: David Paul Morris/Bloomberg

Read the story The worst was meant to be over for San Francisco. Coders were returning, ChatGPT was all the rage and downtown was showing signs of life. Then came an old-school bank run. In a matter of weeks, a city better known as a tech hub has become a center of the financial turmoil that's sent shockwaves around the world. Read The Big Take.

Listen to the podcast In light of Donald Trump's indictment by a Manhattan grand jury, Bloomberg legal reporters Zoe Tillman and Erik Larson join Monday's episode to assess the former president's other legal entanglements, and where things go from here. Subscribe and listen on iHeart, Apple and Spotify.

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