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New York Community Bancorp Inc. Message Board

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  • rispleen rispleen Apr 11, 2006 10:57 AM Flag

    wmuzzioli's mad money!


    I think you are quite confused

    Banks mostly borrow from the Federal Reserve for seasonal or emergency reasons.

    NYB's borrowings consist of wholesale borrowings, in the form of FHLB-NY advances and repurchase agreements, as well as junior subordinated debentures, senior debt, and preferred stock of subsidiaries.

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