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Re: goodietime post# 543310

Sunday, 10/21/2018 1:36:52 PM

Sunday, October 21, 2018 1:36:52 PM

Post# of 729820
Through various filings, JPM acknowledged that it didn't buy the whole WMB for 1.9B and the FDIC has said that it has retained some assets from the sale. Nobody has said publicly how much was retained by the FDIC but Justice looked at some balance sheet and saw 40B. That's the best estimate we can do at this point,

But my point is that 299B does not equate to 299B in cash because assets have liabilities, and then most were sold to JPM for 1.9B which is the FINAL price and we signed release to accept it.
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