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To: TexasGator
Exactly. You beat me to it.

There is a lot of idiocy in the business news reporting these days.

5 posted on 05/02/2023 9:44:25 AM PDT by Alberta's Child ("I've just pissed in my pants and nobody can do anything about it." -- Major Fambrough)
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To: Alberta's Child

There was a big run on First Republic because most of the deposits were not federally insured.


11 posted on 05/02/2023 10:02:21 AM PDT by TexasGator
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To: Alberta's Child

A lot of smart people that don’t understand the nature of regulatory capital too... The Stanford University Business School folks are not idiots.


17 posted on 05/02/2023 10:17:54 AM PDT by L,TOWM (An upraised middle finger is my virtue signal.)
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