So does this mean that JPM and C asked for the cash in September because they knew that Lehman was getting the "loan" just before their 3rd quarter report? How did JPM and C know? Didn't Lehman repo the junk assets to a UK entity?
Also how do the regulators know JPM isn't doing this, or something similar, with their metal derivatives?
This is getting so interesting.
Bernanke and Geithner just wow. Release all the emails. Hmm The Treasury and the Fed...the last few minutes of that video is so good.