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Transcript: Kenneth Tropin

Barry Ritholtz

RITHOLTZ: And those were Treasuries. That’s the foreign exchange markets, and to some extent, commodities. RITHOLTZ: And last question about the various teams, does everybody have a different benchmark? TROPIN: And you know, we certainly did that on a portion of what we look at as our risk budget. No, no, no.

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Transcript: Bill Dudley, NY Fed Chief

Barry Ritholtz

So, for example, the treasury was thinking about moving to direct deposit, but they wanted to know how much it was gonna cost them because direct deposit, they, they, they, they, the money clears, you know, sorry, almost instantly, right? So they wanna know how many days does it take a, a treasury check to get back to us.