Instead of layoffs, how about you invest that $5 billion deposit to First Republic into your own employees.
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Y’all still don’t see the simulation. SMH. This is wild to me 🍿 keep going tho 🍿
It's called parking your money. Not a giveaway,
It is not an investment. It is a deposit. And it should be obvious that it was pushed on the banks by the government.
Maybe Charlie got a deal out of it to get the government to move more towards dumping the asset cap.