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invest1980

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invest1980

Re: bkshadow post# 459439

Saturday, 08/20/2016 4:07:11 PM

Saturday, August 20, 2016 4:07:11 PM

Post# of 730013
I am a little confused by this whole DB,FDIC, & JPM deal. If FDIC only has $2.7B and has $13B in claims against receivership, why would DB accept such a deal? Would they get priority claims on the $2+B (taking into account JPM cash payment)? DB is releasing deep pocketed JPM for claims against a receivership that is under water??? What am I missing....
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