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Instance Education in Liquidity Exposure: JPMorgan Pursue, Sustain Stearns and you will Washington Common

The present site concentrates on this new You.S. dollar resource shortfall you to definitely taken place at JPMorgan Pursue, Incur Stearns and Arizona Common into the months from . The current web log verifies an end result and that's shocking to many: in combination with Happen Stearns and you will Washington Mutual, JPMorgan Pursue try the largest debtor from the Federal Put aside shortly after AIG. JPMorgan's peak borrowings, to your good consolidated basis, were $101.step 1 mil, nearly four times the new $twenty-eight mil the Government Set aside was ready to give so you're able to Lehman Brothers just just after Lehman .

These credit organization give probably the top source of studies on the liquidity risk and you will investment shortfalls of past century

cash advance from albert

Beneath the Dodd-Honest Work of 2010, the fresh Board from Governors of your own Federal Set aside must disclose the fresh new identities and you will associated amounts to own borrowers lower than some borrowing from the bank organization during the 2007-2010 financial crisis.