JP Morgan’s Acquisition of First Republic Bank Incurs Taxpayer Costs
First Republic Bank has been acquired by JP Morgan, and it appears that the cost of the acquisition will ultimately be borne by the taxpayers.
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First Financial Crisis of the World : Roman Credit Crunch in 33 AD
The financial crisis of 33 AD, which rocked the Roman Empire, had them all: overleveraged financial institutions, external shocks, a run on the banks, and a lack of credit.