22 "It's a Privilege to Buy You" : JPMorgan takes over the failing First Republic Bank, FRC shares trading at $1.90. (media.communities.win) posted 1 year ago by TheImpossible1 1 year ago by TheImpossible1 +30 / -8 22 comments download share 22 comments share download save hide report block hide replies
Lumping everything in to one giant conglomerate bank. Therefore one point of failure.
The collapse continues.
When all banks are condensed into MEGA BANK ONE, governments will only need to target one bank.