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Giuliano Giacaglia
@giu
This is the first bank failure this year. Republic first Bancorp had 6B in assets. As I’ve mentioned, we are likely gonna see a lot more of these this year!
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DanTheMan
@pursuit-of-muses
Costs the FDIC less than 10% of the banks cash and assets? Seems fair? IDK I don’t do valuations, but won’t they get this money back anyway
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