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barefoot123

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barefoot123

Re: diamondguru-one post# 404712

Saturday, 09/13/2014 8:56:09 PM

Saturday, September 13, 2014 8:56:09 PM

Post# of 735713
You are missing the point I was trying to make. Hypothically, forget the mortgages for now, and if something comes of them great.

I am just curious (if the article is correct) of what happened to the other 188B. I know Rosen didn’t bill that much.
I do not know for a fact, but when a bank borrows from the FED, I have heard they have to keep 10% on the books and can loan out 10x the remainder in air money. If the air money is listed as an asset, then I can see where a large sum could be deleted from the asset column.

Again, just curious if anyone knew where the assets went. Hopefully we will find out eventually.
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