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efta-efta01888157DOJ Data Set 10CorrespondenceEFTA Document EFTA01888157
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efta-efta01888157
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To:
Harry Belle
From:
Jeffrey Eperti
l
Sent
Fri 9/14/2012 5:49:19 PM
Subject Re: Mort Inc
no
On Fri, Sep 14, 2012 at 10:04 AM, Harry Beller
ote:
Jeffrey
The $10 million that I transferred to Mort Inc. is currently in a non interest bearing account at JP
Morgan. This non interest bearing account is fully insured by the FDIC until the end of
calendar year 2012. If we transfer the funds to an interest bearing account then only $150,000
is FDIC insured. Also, the total interest that we would receive is approximately 20 basis
points.
Should I transfer the funds to an interest bearing account, or leave the funds in the non interest
account.
Happy Rosh Hashana
Thanks
Harry
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EFTA_R1_00305635
EFTA01888157
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