Currency Content, by the Matt Levine: Very first Republic- Get 1

Currency Content, by the Matt Levine: Very first Republic- Get 1 You’ve got a bank, their possessions is $100 regarding loans, as well as debts are $90 out-of places. Shareholders’ collateral (property without debts) are $ten, having an investment proportion (equity divided from the possessions) away from 10%. Very regular content. Then the possessions go lower: The new financing was …