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Re: etzetrade post# 528811

Friday, 07/27/2018 7:51:06 AM

Friday, July 27, 2018 7:51:06 AM

Post# of 730174
One reason is that the assets were valued for less when the FDIC seized and accounted for them than the market value quoted in WAMU's last 10Q in June, 2008.

Another is that some of those assets were liquidated in the period between June, 2008 and the seizure so that the FDIC seized a smaller portfolio of assets.

The latter seems less likely since between June and September, 2008, the financial meltdown made it unlikely that companies would get a premium price for any asset sale.

FACTS...NOT EMPTY RHETORIC!!!

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