Wednesday, May 29, 2024 May 29, 2024
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RE: LOCAL FIRM, HOME DEPOT, $100 BILLION

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A law-practicing FBvian who won’t be attending the Philbin Awards today says our high-financing FBvian doesn’t know what he’s talking about, bank-wise:

Many “bank” deals are actually done by non-FDIC insured merchant banks, such as Goldman Sachs, Prudential, etc. and even smaller private banks. The available capital is sufficiently large to swallow this deal without burping.

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