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Re: mypenneys post# 412120

Thursday, 01/15/2015 3:11:46 AM

Thursday, January 15, 2015 3:11:46 AM

Post# of 731791
Original OTS Fact Sheet

Don't forget the original OTS Fact Sheet

http://www.occ.gov/static/news-issuances/ots/press-releases/ots-pr-2008-46b.pdf

How was it possible to sell a company that has

Total assets as of June 30, 2008: $307.02 billion


for just $1.9 billion to JPMC only because of liquidity problems???

Also very interesting:

Total loan servicing: $689.7 billion total loans serviced, including $442.7 billion in loans serviced for others and $26.3 billion of subprime mortgage loans


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