First Republic Bank seized by regulators, then sold to JPMorgan Chase
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
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The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
Mayor Nutter said the sale will happen only if it benefits Philadelphia taxpayers and PGW customers.
Chris reviews the report on the Jerry Sandusky sexual abuse cover up released yesterday by Louis Freeh and he discusses the fallout with the Philly Posts Kevin Cirilli and CBS 3's Beasley Reece. He also talks to Steve Cordasco on Finance Friday, Former RNC Chairman Michael Steele, and Comedian Greg Proops.
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