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Post# of 730546
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AZCowboy

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AZCowboy

Re: None

Monday, 08/10/2015 6:55:08 PM

Monday, August 10, 2015 6:55:08 PM

Post# of 730546
... Yes' I Know ~ That Wasn't the Point ...

... There are a few that continue to believe JPMorgan Chase acquired all that was ... WaMu ... for a 1.88 billion dollar payment' or a payment of 1% of the deposit base' paid to the FDIC for the initial deposit required by the FDIC ...

The FDIC requires the 1% of the deposit base to be paid by all receiving banks upon seizure' ... There was no difference this time' ...

However' ... Back on the point' of discussion ... JPMorgan DID NOT aquire all that was ... WaMu ... for a mere payment of 1.88 billion dollars

AZ
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