I got to say it is a fairly good writeup from someone self-claimed as non-banking expert. :-)
I particularly agree with the last part wrt 'First Republic was poorly managed, etc' comment. Too often people examine a situation with a benefit of rear view mirror while forgetting about the battle ground realities.
Thank you.
I got to say it is a fairly good writeup from someone self-claimed as non-banking expert. :-)
I particularly agree with the last part wrt 'First Republic was poorly managed, etc' comment. Too often people examine a situation with a benefit of rear view mirror while forgetting about the battle ground realities.