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Precisely. First Republic is an extremely weak financial position. Given the aggressive nature of the FDIC, in seizing Signature, I would be very surprised if t
by HPMOR 4y ago
Precisely. First Republic is an extremely weak financial position. Given the aggressive nature of the FDIC, in seizing Signature, I would be very surprised if they aren't forced to take action here. The stock should be worth zero, and bankruptcy declared soon.
- adastra22 4y agoFDIC did not seize Signature.