Commentary The weekend brought us the news that JPMorgan bought the failing First Republic bank, with numbers that are truly mind-boggling and further shore up JPMorgan’s megabank status. For many readers, this came across as fancy high finance and nothing much to concern us, especially since the numbers are essentially incomprehensible to the regular person. [ ]
Saturday 1 November 2025
theepochtimes - 3 years ago
This Is a Bailout, Not a Market-Based Acquisition
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