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Post# of 729623
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David West

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David West

Re: wwhatthe post# 413201

Tuesday, 02/03/2015 8:47:19 AM

Tuesday, February 03, 2015 8:47:19 AM

Post# of 729623
Well! Well!

From the mouths of babes!

The document appears to reflect much of the value of Washington Mutual Bank at the time of the fire sale. The figure of $1,942,656,004 looks like the amount received from JPM for the purchase of WMB. The inception column reflects other assets of the bank, including the value of many of the mortgages. If we had the numbers that reflect the values of what was collected and paid to date, we could determine the value of the missing unicorn.

The link is to a dated copy of the Statement of Assets and Liabilities in Liquidation (unaudited). The source of the link to the document is not FDIC-R, and is not 100% reliable. It would be nice to see the current page from the FDIC-R website.
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