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Re: cura asada post# 461767

Sunday, 09/11/2016 12:30:47 PM

Sunday, September 11, 2016 12:30:47 PM

Post# of 730594
cura asada - $ 151B

JPM Link you sent to me.
Previously you asked for my take of the $ 151B going to the FDIC-R. Sorry for missing that item. As I revisited Page 13 I do not see how you would come to that conclusion. All I see is a reduction of deposits of $ 151B deposits.

Instead of FDIC-R did you mean Federal Reserve Bank? Because, if Federal Reserve Bank, routinely Banks will borrow or lent deposits to the Fed.

Only time I could imagine JPM would sent money to the FDIC-R would be due to a settlement. If so, there would be a settlement agreement and the settlement funds would be wired.

Unsure about the mixture; $ 37B of $ 188B were medium and long term deposits that were used for loans.
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