First Republic is a Zombie Bank
The Breakdown
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The First Republic Bank's Fallout From the Credit Squeeze
First republic bank was reported to be seeking a buyer for between $50 and $100 billion worth of assets in an attempt to shore up its impaired books. Jeff Snyder, the host of Eurodollar University, writes, no one should be surprised that first republic is back in the news. This thing isn't over by a long shot. Even the media can't ignore it."
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