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A rescue mission for First Republic Bank

Make Me Smart
Make Me Smart
Episode • Mar 16, 2023 • 16m

A team of large banks are coming together to save First Republic from this week’s banking woes with a hefty $30 billion deposit. We’ll explain what their move could mean for regulators. Also, an investigation into nursing homes in the United States found that some Medicare policies are putting seniors into poverty. And Kimberly makes us smile with a story about how pet owners deal with clever cats that can open microwaves and steal wallets.

Here’s everything we talked about today:

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