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Re: mufa post# 487825

Friday, 09/15/2017 5:12:14 PM

Friday, September 15, 2017 5:12:14 PM

Post# of 729970
Mufa - it is openly stated in the news - $307 billion of assets and $188 billion of deposits and JPM paid 1.8Billions.
What happens to those $300B+ assets? I am still not able to digest that how does FDIC justify selling $300B+ assets and deposits for 1.8B? Even you sell those assets at 50% discount then you still have $150B+!!
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