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$First Republic Bank (FRC.US)$ This bank had its assets boug...
$First Republic Bank (FRC.US)$ This bank had its assets bought, and all that's left are liabilities. Do you think the income from selling assets is enough to pay off the debts? If there is still some surplus, shareholders can receive a little money back!
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Dream is Possible : Acquired by JPM
Fan Fann OP Dream is Possible : Defeated, depositors' interests have been preserved, and shareholders have been sacrificed!