Misc.Mar 13, 2023
#ReadyForWorkRpTc1p8b
Will First Republic Bank survive this week?
TC 300k
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231 Participants
Select only one answer
Didn’t they say they have secured funding from JPM? Stock doesn’t look good today
Money will survive. Not the bank.
Doesn’t matter. 100% deposit insurance now apparently. As long as the bank has enough VC and tech customers everyone is fine. We wouldn’t want the ubermenschen of American capitalism to get annoyed.
It’s completely nuts. FDIC can’t afford to do that for every bank. I think the only way out of this would be quantitative easing.
By FDIC, you mean you and me?
As an independent entity, probably not. It’ll fall under Fed control. But it’s deposits, yup. Will be fine. US will cover the important banks, even if it means trillions. They have TARP to dust off and use again.
It’ll survive the week, but probably not the weekend
Burn it all to the ground.
You should chat with someone who lived through the great depression
I can’t, they’re all dead