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S&P 500
5,267.84
(
-0.74%
)
US TECH 100
18,152.00
(
-0.42%
)
Dow Jones
39,065.26
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-1.53%
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mufa

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mufa

Re: wwhatthe post# 469239

Sunday, 12/25/2016 4:49:58 PM

Sunday, December 25, 2016 4:49:58 PM

Post# of 728512
Great Post!!! I believe from your numbers we have to substract deposits (151-165 billion) and we ll get to 65-100 billion that JPM will pay us!!
Merry Christmas!! Thank you

The deposit itself is a liability owed by the bank to the depositor, and the word refers to this liability rather than to the actual funds that have been deposited. When someone opens a bank account and makes a cash deposit, he surrenders legal title to the cash, and it becomes an asset of the bank

All posts are "in my opinion". Not a recommendation to buy or sell a security.

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