Breaking News Boom Hidden by MSM for a Day! But Why? - Jim Lebenthal Buys First Republic Bank, Calls it a Good Bank Lubricating the Economy! - Video
Mar 14, 2023 -
CNBC’s ‘Halftime Report’ investment committee member Jim Lebenthal offers his rationale for buying First Republic Bank.
Wow. He nailed it. I was reading through the 10-K and caught that fun fact of the 780 credit score avg. Caught me by surprise when he re-iterated it here, too. They’ve got only 10-15 mortgages that are 90+ days late and 0 that are 30-60 in the areas they serve. ~10 of them were in NY.
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