Dan Siciliano: The Banking Crisis and Governance Implications.
Welcome to the Boardroom Governance Podcast. I’m your host, Evan Epstein. In this episode, I talk with Dan Siciliano, the Vice-Chair of the Federal Home Loan Bank of San Francisco, the Chair of the Silicon Valley Directors’ Exchange and the co-founder and CEO of Nikkl, a new fintech company that provides capital to unicorn employees. Dan and I were colleagues at Stanford Law School where we led the Stanford Rock Center. We have taught corporate governance together for over a decade not only in the U.S. but all over the world including in Hong Kong, Europe and Latin America. This is Dan’s second appearance in my podcast, and in this episode, we talk about the current banking crisis including the Fed’s SVB report, the situation with First Republic, the regional banking crisis, mandated risk-management experts for bank boards and executive compensation incentives for banking executives. We also address whether short sellers in banks should be curtailed in these market conditions, the impact of this banking crisis for Silicon Valley and California, plus the future impact of U.S. fiscal policy and the national debt as it keeps ballooning to over $31 trillion. If you like this show, please consider subscribing, leaving a review or sharing this podcast on social media. You can find all the show notes on the website boardroom-governance.com and please feel free to subscribe to the Boardroom Governance Newsletter at evanepstein.substack.com