$First Republic Bank (FRC.US)$ Sell them all quickly, it's o...
$First Republic Bank (FRC.US)$ Sell them all quickly, it's on the verge of bankruptcy. With a market cap of tens of billions, is it possible to pay salaries to 7,000 employees every month? If we don't run away within two days, we will be forced to delist.
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SimonYoo OP : For 7,000 employees, the monthly salary is more than 20 million, and the store rent also requires money. The market capitalization is only over 1 billion dollars, and there are no bankruptcy ghosts. Even if you become 5,000 employees, your monthly salary will be more than 10 million. Where does this money come from?
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