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Circumstances Degree for the Exchangeability Risk: JPMorgan Pursue, Sustain Stearns and Arizona Shared

The present web log concentrates on the brand new You.S. dollars money shortfall one occurred during the JPMorgan Pursue, Happen Stearns and you may Arizona Common for the months regarding . The current website confirms an outcome that is surprising to many: in combination with Happen Stearns and Arizona Common, JPMorgan Chase was the largest borrower throughout the Government Put aside just after AIG. JPMorgan’s height borrowings, towards the a good consolidated basis, were $101.step 1 mil, nearly four times the new $twenty-eight mil that Government Put aside is actually ready to give so you’re able to Lehman Brothers just immediately following Lehman . Continue reading Circumstances Degree for the Exchangeability Risk: JPMorgan Pursue, Sustain Stearns and Arizona Shared