The FDIC Receivership Is Imminent

First Republic Bank has been downgraded to 'junk' status by the FDIC. The company's insiders have sold more than 10 million in stock since January 1st, according to our friends at Verity platforms. Kate and Leslie: Does that suggest that having this firm fail would be a systemic risk to the broader macroeconomic picture? Plus, maybe more people on your screen right now are not real, some are not.