Griffin v Ackman: The hedge fund fissure over bailouts

• Contrasting view over Silicon Valley Bank intervention sets up key 2023 debate
• Bill Ackman says a wider crisis and banking run would have been inevitable
• Get AFI membership to access hedge fund and private market coverage you won’t find anywhere else

For Ken Griffin, it was evidence of US capitalism “breaking down before our eyes.”

For Bill Ackman, it was an essential act to stop a financial and economic crisis.