FDIC Alert! JPMorgan Chase Bank, National Association, Columbus, Ohio Assumes All the Deposits of First Republic Bank, San Francisco, California. FDIC entering loss-share transaction agreement to share the losses with JP Morgan.

by Dismal-Jellyfish Source: https://www.fdic.gov/news/press-releases/2023/pr23034.html First Republic Bank, San Francisco, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.  To protect depositors, the FDIC is entering into a …

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Maxine Waters assumes office as Chair House Financial Services Committee as of January 3rd. Waters was named the most corrupt member of Congress in 2005, 2006, 2009, and 2011

by Orangutan Would be cool if the media delved into this subject a little more than they do. No wonder genuine Democratic Party members are so repulsed by the current state of that party. via newspunch: Disgraced Congresswoman Maxine Waters was declared the …

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