First Republic Becomes ‘Other,’ Money Market Assets Hit New Record

First Republic's discount window and BTFP borrowings rolled into the "Other credit extensions" line item in the Fed's weekly H.4.1 release, which is now must-watch television for those of us with nothing better to do on Thursday evenings than make stacked bar charts. Virtually all of the discount window borrowing was apparently attributable to the star-crossed San Francisco lender, which Jamie Dimon scooped up out of FDIC receivership earlier this week. Borrowings from the newly-created Bank T