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Billionaire Ackman 'Extremely Concerned' $30 Billion Bank Rescue Plan Risks Financial Contagion Spiraling Out Of Control

Por: Forbes Business March 17, 2023

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Topline Billionaire Bill Ackman railed against the federal government-backed infusion of $30 billion into the regional bank First Republic in a scathing on Thursday, calling it an insufficient plan that lulls the market into a “false sense of confidence” and risks the spread of “financial contagion—all while shares of the ailing bank tanked yet again despite the from big banks. The latest First Republic infusion could be catastrophic,... + full article



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