Genevieve Roch-Decter: The FDIC took a $13 billion loss on the deal, while JP Morgan will gain $2.6 billion Does the government really need to subsidize the largest bank in the world?

Source: https://t.co/iwVahYs986 — Genevieve Roch-Decter, CFA (@GRDecter) May 18, 2023 The government: "We have to be careful of letting a few banks control the entire economy" Also the government: Invites the CEOs of the largest banks to a private meeting …

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