Monday, May 1, 2023

Mohamed El Erian gives his thoughts on the J.P. Morgan takeover of failed First Republic Bank


The very knowledgeable Mohamed El-Erian gives his thoughts on the failure of First Republic Bank, and its takeover (of most assets) by J.P. Morgan Chase, in this CNBC interview.  First Republic is the second biggest bank failure in U.S. history, behind the collapse of Washington Mutual in 2008.  This interview was Monday morning, May 1, 2023.

No comments:

Post a Comment

Inflection Point Weekend- June 13th-June 15th, 2025

Generation X was grew up under the threat of a potential, worldwide, nuclear Holocaust at any time.  A holocaust that never happened.  Not y...