Lehman Brothers Financial SA (LEHNQ)

[DJN]

Wash, rinse, repeat: https://www.cnbc.com/2023/05/01/first-republic-bank-failure.html

Jamie Dimon, chairman and CEO of JPMorgan, said its takeover minimized costs to the Deposit Insurance Fund.

"Our government invited us and others to step up, and we did,” he said in a statement. “This acquisition modestly benefits our company overall, it is accretive to shareholders, it helps further advance our wealth strategy, and it is complementary to our existing franchise.”

Not everything is black and white.

Wish you all well.

~dnoto