Synapse, One Year Later: A Very Special Episode
Update: 2025-05-09
Description
In this episode 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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