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Careful What You Wish for with Liz Young, Guy, Danny & Dan

RiskReversal Pod

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Schwab - I'm a Schwab Customer, Right?

Schwab has a $20 billion hole potentially if you make it relative to what they have held to maturity. Goldman would have been the perfect opportunity to kind of fix that consumer banking business thing, in my opinion. First Republic FRC was a $220 stock in October of 2021,. It's a $22 stock today. They basically took a fricking zero away. I mean, this is a 70% move we're seeing in one day in another bankthat people will say, first republic is fine.

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