can some genius shed some light? will JPM ever announce the...
$First Republic Bank(FRC.US$ can some genius shed some light? will JPM ever announce the bidding price now that JPM has taken over following FDIC seize of the bank because the management of FRCis incompetent . 183m shares outstanding . so take over do not need to answer to shareholders?
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Matthew D : Took over and insured all assets. Short squeeze soonx
disassembly line : whens the last time a bank answered to anyone? think about that.
Newbie123 OP disassembly line : Yeah but this time seems different. FDIC acted first to make the big decision for FRC. Previous failures happened before FDIC came in?