reply @virtualbacon The $346M figure is the useful part. Idle collateral is mostly a timing problem: assets sit because

reply @virtualbacon The $346M figure is the useful part. Idle collateral is mostly a timing problem: assets sit because | Hanami

reply @virtualbacon The $346M figure is the useful part. Idle collateral is mostly a timing problem: assets sit because they can't move across entities, time zones or weekends. Asian banks carry the same cost on their dollar books while they wait for New York hours.