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tcr7309

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tcr7309

Re: None

Monday, 03/02/2015 12:12:47 PM

Monday, March 02, 2015 12:12:47 PM

Post# of 734757
ExDimer, I believe you are who you say you are. With that in mind can you explain this statement from Lake at jpm. Can you give a couple of examples of what this 100 billion could consist of and why you think in no way do any of these funds belong to wmih.

Thx.

"Lake said the bank plans to reduce $100 billion in large "non-operating" deposits by the end of the year in order to prepare for new capital requirement rules to be unveiled this year.

"Exiting these deposit balances is a rational economic decision," Lake said in her presentation, which described the deposits as mostly from financial institutions that cost the bank money."
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