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SWEDEN'S LARGEST PENSION FUND HAS LOST BILLIONS OF DOLLARS INVESTING IN FIRST REPUBLIC BANK , SILICON VALLEY BANK AND SIGNATURE BANK
ALL 3 OF THESE BANKS HAVE COLLAPSED IN THE LAST FEW WEEKS AND THE PENSION FUND WAS A LARGE SHAREHOLDER IN ALL 3
— GURGAVIN (@gurgavin) May 1, 2023
What are the odds? I wonder if the pension plan administrator was on the take.
I really thought First Republic would weather the storm. Wall Street seems to think JPM got a screaming deal (as do I).
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