StrategyDriven Editorial Perspective – The Government has Created a Monster
Strategy Driven
NOVEMBER 7, 2013
Nonetheless, the failure and resolution of Texas-based First RepublicBank, reminds us that the hand of government can harm as well as help when it wrestles the invisible hand of the market. With both banks highly concentrated in the weak Texas real estate market, the deal ended up helping neither bank. All told, the FDIC paid $1.9
50 
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