Banks misreporting data! How is that possible?!? They were supposed to stop doing that after the last time they got a slap on the wrist.
Imagine my shocked face! We observed that some FDIC-insured banks are not reporting estimated uninsured deposits as outlined in the Consolidated Reports of Condition and Income (Call Reports). Today, we’re reminding banks of the importance of reporting accurate data.https://t.co/jJd5rU3cJV — …