Jerry Fan

@jfan600

Joined May 2009

10 Following

4 Followers

1 Posts

jfan600 retweeted

Jim Bianco

@biancoresearch

over 3 years ago

2/2 First Republic depositor panics, transfers funds to Chase. $FRC sinks threatening its survival. Jamie Dimon, recognizing how bad another bank failure would be, takes these new deposits and sends them back to First Republic. It is the banking edition of the circle of life.

biancoresearch's tweet photo. 2/2

First Republic depositor panics, transfers funds to Chase.

$FRC sinks threatening its survival.

Jamie Dimon, recognizing how bad another bank failure would be, takes these new deposits and sends them back to First Republic.

It is the banking edition of the circle of life. https://t.co/uCyGmOHKJY

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Jerry Fan

@jfan600

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