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The Fed Is Losing Money And You're Going To Foot The Bill

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Quantum attack would trigger Great Depression, think tank warns

Such an attack is likely years away, but the vulnerability-prone financial sector needs to start preparing for it today, warn experts. ....

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JPMorgan Chase, FDIC put an end to First Republic's slow bleed

First Republic Bank was shuttered by regulators early Monday, and all its deposits and most of its assets were acquired by JPMorgan. San Francisco-based First Republic was undone by low-rate mortgages it made to its wealthy customers as well as by the fallout from last month's banking crisis. ....

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FDIC hands muni-laden First Republic to JPMorgan Chase

First Republic Bank was shuttered by regulators early Monday, and all its deposits and most of its assets were acquired by JPMorgan. San Francisco-based First Republic was undone by low-rate mortgages it made to its wealthy customers as well as by the fallout from last month's banking crisis. ....

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With First Republic on the brink, all eyes are on uninsured deposits

A last-minute deal between the Federal Deposit Insurance Corp. and a large bank could ensure that the San Francisco company's uninsured depositors will be covered. That group includes 11 big banks that deposited $30 billion at First Republic last month. ....

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