JPM needs collateral for the loan from the government.
TBTF warrants from the Debt offerings for the loan.
RB, You have posted many debt offerings by JPM. Do you have a sum total of the debt offerings?
JPM needs ~$900 Billion to cover their Derivative (CDS) obligations. JPM also needs to pay for “WMB and its assets”. ~$300B * 2 + interest ?! “Willful Misconduct”.
Again, JD didn’t get the job at the US Treasury.
The numbers are the numbers, this has nothing to do with me. The just post the historical numbers from the case history.
Hint; Why is LIBOR Litigating CDS cases.
Please post this and my other posts on BP if you like.