To: Nervous Tick
2 trillion all told and change, some of it from depositors, some from bondholders. To finance its entire asset position, in mortgages and business loans etc.
29 posted on
09/26/2008 9:33:28 PM PDT by
JasonC
To: JasonC
>> 2 trillion all told and change
Huh? I’m looking at the BAC balance sheet right now. Where do you get that number, as being how much they need to borrow at 8% interest? I think you’re high by a factor of 3.
34 posted on
09/26/2008 9:38:41 PM PDT by
Nervous Tick
(I've left Cynical City... bound for Jaded.)
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