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Re: Democrat Clown Show
California Democrat admits ban on state travel to red states didn't work: 'It separates us'Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Re: Democrat Clown Show
Another excellent example the liberal for thee and for me policies. Anytime that there is an event in one of those states that Governor Newscum wants to attend, he does, and the State of California pays for it.
FYI, Newscum means that every time our Communist Governor has a News conference, the liberal media cums all over itself.Comment
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Re: Democrat Clown Show
‘Teen Takeover’ terrorizes Chicago as hundreds of teenagers destroy property, attack tourists | Fox News
And the Democrat Party wants to hold their 2024 Convention in Chicago.
‘Teen Takeover’ terrorizes Chicago as hundreds of teenagers destroy property, attack tourists | Fox NewsComment
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Re: Democrat Clown Show
We're headed for a banking crisis under Biden. Bad news.
First Republic Bank shares plunge as rescue hopes falter
Shares of First Republic Bank cratered on Friday following a report that it is likely to be seized by federal financial regulators, putting it in jeopardy of being the third bank to collapse since.
The Federal Deposit Insurance Corporation is likely to take over the ailing regional bank, CNBC reported, noting that hopes are fading that other lenders could step in to rescue First Republic.
Federal Reserve report blames Silicon Valley Bank execs - and itself - for bank's collapse
In late-afternoon trading First Republic Bank's stock price, which topped $200 in 2001, was down 43% on the day to $3.54. The shares have fallen 97% this year. First Republic had roughly $233 billion in assets under management as of March 31.
Investors were spooked earlier this week by the San Francisco bank's disclosure that depositors withdrew more than $100 billion during last month's crisis, raising concerns about First Republic's stability. The fund outflows were "unprecedented," bank executives said on an earnings call Monday.
The troubled bank said it now plans to sell off assets and restructure its balance sheet, as well as lay off as much as a quarter of its workforce, which totaled about 7,200 employees at the end of 2022. The bank will also shrink its corporate office footprint, cut executives' compensation by a "significant" amount and eliminate "nonessential" projects, executives said Monday.
First Republic Bank shares plunge as rescue hopes falter - CBS NewsAdversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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