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LA Times Today: Silicon Valley Bank broke. Silicon Valley is broken (Column)

LA Times Today: Silicon Valley Bank broke. Silicon Valley is broken (Column)

Watch L.A. Times Today at 7 p.m. on Spectrum News 1 on Channel 1 or live stream on the Spectrum News App. Palos Verdes Peninsula and Orange County viewers can watch on Cox Systems on channel 99.

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After the failure of not one but two banks within the last week, Massachusetts Senator Elizabeth Warren is laying the blame on Washington and the roll-back of rules placed on America’s banking system after the 2008 financial crisis.

But also under scrutiny today, the entire ecosystem of Silicon Valley fueled by a firehose of venture capital.

Brian Merchant has written books about the tech world and is a technology columnist for the L.A. Times.

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