EXDIMER, what's your take on the 40.2B asset related equity adjustments. The 40.2B are the sum of the 13.8B WMB Bonds and the complete 26.4B equity.
Could you please explain as detailled as possible why the FDIC subtracts this value from the Net Assets?
I understand they subtracted the WMB Bonds because JPM chose transaction #3 which excluded the bonds, but why do they subtract the complete remainig equity?
TIA
--------------------------------------------------------- - Just my personal opinion, no investment advice! - ---------------------------------------------------------