DEPOSIT NOT LOANS
Headed by JP Mogan, Jamie Dimon, who was veteran banker from 2008 bank crisis. 11 bankers worked together to support FRB in a creative way that the bank industry has never did before. instead of a buyout, they transfer those deposits back to FRB so that it can stand on its own.
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Scorched earf : You might wanna do a Google search before you just start spewing nonsense. Just saying they are loans. Secured by their unused assets. That means they will liquidate assets to pay back the loans.
Kipbana OP Scorched earf : Stir shit…show the link
Scorched earf Kipbana OP : You don’t have Google on your flip phone
Kipbana OP : Hahahah…u got no link to prove. Stop stirring
28282828 : Ok la. All your own money. Do what you believe in. Haha
Scorched earf : First Republic secures $30 billion rescue from large banks
Kipbana OP : Keep stirring![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
tell me which part says it’s loan? Go learn to read first before giving advice
Scorched earf Kipbana OP : You’re not really that stupid to think that banks just give money to other banks for free right? It specifically says that these loans are secured by their unused assets. Do you see that part? How much are you down?
Scorched earf Scorched earf : I was the one who asked the question, you were the one that offered advice. You’re wrong. How much are you down? Why do you think the stock keeps plummeting?
Kipbana OP : Dude knows apeshit about the difference between Feds borrowing discount window, their previous outstanding liabilities from bonds, and the current deposits scheme. Everything that has a loan in an article means it’s loan to him.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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