This study is an expansion by AI of 2 records published by Skeptron, a studio in the RISCON family, and of the public-domain source texts listed below. Every sentence in a block quote is word for word either a record's own or a passage of a source text saved with this study, and its source line names which; the rest is AI writing. Skeptron's records are modern summaries of historical episodes written for a platform, not archival documents; they keep some of what the actors wrote and drop the rest, and the paper says which where it matters. The readings through the works named are this study's interpretation. Nothing in this study is advice on financial, legal or policy decisions.
| Case | Studio | Record |
|---|---|---|
| Silicon Valley Bank | Skeptron | https://skeptron.risconlabs.com/questions?question=HQ-HC1-SVB2023-01 |
| The Credit Suisse Takeover | Skeptron | https://skeptron.risconlabs.com/questions?question=HQ-HC6-CREDITSUISSE2023-01 |
The source texts this study read are saved with it, and the passages it quotes from them stand in them word for word:
| Text | File | Address |
|---|---|---|
| Federal Deposit Insurance Corporation, press release of 10 March 2023: FDIC Creates a Deposit Insurance National Bank of Santa Clara to Protect Insured Depositors of Silicon Valley Bank: full text (FDIC Creates a Deposit Insurance National Bank of Santa Clara to Protect Insured Depositors of Silicon Valley Bank, Santa Clara, California) | sources/fdic-press-release-2023-03-10-svb.md | https://www.fdic.gov/news/press-releases/2023/pr23016.html |
| Department of the Treasury, Federal Reserve and FDIC, Joint Statement of 12 March 2023: full text (Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC) | sources/joint-statement-2023-03-12.md | https://home.treasury.gov/news/press-releases/jy1337 |
| Swiss Federal Council, Verordnung über zusätzliche Liquiditätshilfe-Darlehen und die Gewährung von Ausfallgarantien des Bundes für Liquiditätshilfe-Darlehen der Schweizerischen Nationalbank an systemrelevante Banken (emergency ordinance of 16 March 2023, advance print): full text | sources/swiss-ordinance-2023-03-16.md | |
| Swiss Federal Council, amendment of 19 March 2023 to the emergency ordinance of 16 March 2023 (advance print): full text | sources/swiss-ordinance-amendment-2023-03-19.md |
The records were read on 2026-10-06. The texts were fetched on 2026-10-06. This study was written on 2026-10-07.
Bibliography
- Walter Bagehot, Lombard Street: A Description of the Money Market (1873).
- Charles P. Kindleberger and Robert Z. Aliber, Manias, Panics and Crashes: A History of Financial Crises (2005).
- Thomas M. Humphrey, Lender of Last Resort: The Concept in History (1989).
- Paul Tucker, Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State (2018).
- Gary B. Gorton, Misunderstanding Financial Crises: Why We Don't See Them Coming (2012).
- Douglas W. Diamond and Philip H. Dybvig, Bank Runs, Deposit Insurance, and Liquidity (1983).
- Andrew Metrick, The Failure of Silicon Valley Bank and the Panic of 2023 (2024).
- Finn E. Kydland and Edward C. Prescott, Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977).
- Robert Higgs, Crisis and Leviathan: Critical Episodes in the Growth of American Government (1987).
- Oren Gross and Fionnuala Ní Aoláin, Law in Times of Crisis: Emergency Powers in Theory and Practice (2006).
- Eric A. Posner and Adrian Vermeule, The Executive Unbound: After the Madisonian Republic (2010).
- Federal Deposit Insurance Corporation, FDIC Creates a Deposit Insurance National Bank of Santa Clara to Protect Insured Depositors of Silicon Valley Bank, Santa Clara, California (2023): press release of 10 March 2023.
- Department of the Treasury, Federal Reserve and FDIC, Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC (2023): 12 March 2023.
- Swiss Federal Council, Verordnung über zusätzliche Liquiditätshilfe-Darlehen und die Gewährung von Ausfallgarantien des Bundes für Liquiditätshilfe-Darlehen der Schweizerischen Nationalbank an systemrelevante Banken (2023): emergency ordinance of 16 March 2023, advance print, in German.
- Swiss Federal Council, amendment of 19 March 2023 to the emergency ordinance of 16 March 2023 (2023): advance print, in German.