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Newsjock

(11,733 posts)
6. Businessweek has a report that's somewhat less scary
Fri Jan 25, 2013, 03:36 PM
Jan 2013
http://www.businessweek.com/articles/2013-01-23/missing-114-billion-from-u-dot-s-dot-banks

Paul Miller, a bank analyst with FBR Capital Markets, cautions against reading too much into the Fed’s weekly data. “It’s a noisy database,” he says. Among large U.S. banks, there have been movements of greater than $50 billion (not seasonally adjusted) during 107 different weeks since 2000. It’s not uncommon to see 11-figure swings—that is, tens of billions of dollars—from positive to negative, or vice-versa, one week to the next.

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