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TheRealCabbageJack t1_jcgyhou wrote

Reply to comment by Jeremycycles in First Republic in talks with major banks about a rescue plan by Powerpuff_Rangers

Counterpoint: it’s depositors were all very very rich people. That is all.

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hardolaf t1_jcizm5h wrote

Counterpoint, it's depositors were mostly relatively low net worth startups that employ hundreds of thousands of people who pay a lot in taxes.

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