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Jestiron

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Jestiron

Re: Lawrence 147 post# 231229

Thursday, 08/19/2010 3:47:10 PM

Thursday, August 19, 2010 3:47:10 PM

Post# of 729482
I am not familiar with this; however, I know at the very beginning; post-seizure, that access to the FHLB (Federal Home Loan Bank) Seattle allocated funds were referenced frequently as an additional argument to the solubility of WMB.

Oddly, the follow up post where I break down the $20BB states (#3) that a portion of comes from "Cash generated through wholesale deposits and advances from FHLB Seattle."

Would I be wrong in my deduction that this $20BB does not include the actual FHLB deposits, but only the cash made FROM these loan?

-Jest

NOTE: Do not make investment decisions based on the information provided in my posts; past, present, or future.

As Always: "Trust But Verify" -Ronald Reagan

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