- -- ~ - - m m u - - - - -        - m m -


     - Economic Capital at Risk - Link to Actual Capital

FTE- 1 72 7-003 907

I

GOVERNMENT
 EXHIBIT
  7612
 Crim No. H-04-0025

2.c.

  Miss Earnings
     Target
Trading Loss (ETL
$1.08)

Credit losses

Asset impairment

 Actual Available Capital> Risk Capital + Equity Capital

Available Capital as at 3-20-01:
Short Term                $4 B Available

			  $790 MM Utilized

  * Commercial Paper      $3.35 B
			  $655 MM Utilized

  * Bank Loans            $550 MM Available
			  $135 MM Utilized

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