11 big banks rescue First Republic Bank with $30 billion bailout

Eleven of the nation’s biggest banks rescued regional lender First Republic Bank with a $30 billion bailout after questions about the San Francisco-based bank caused its stock price to tumble this week. CBS News congressional correspondent Scott MacFarlane reports.

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Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

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