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Re: hotmeat post# 608558

Monday, 01/20/2020 6:13:07 PM

Monday, January 20, 2020 6:13:07 PM

Post# of 730171

The FDIC never seized anything owned by WMI, only WMB assets...there is nothing left from what was owned by WMI.


Thats tottally fake news.The WMB Wasnt worth 307B but much less.Everything not WMB was WMIIC

This is just another side of the story not told as everyone knows.

https://www.forbes.com/2008/09/26/wamu-morgan-deposits-oped-cx_lw_0926white.html#77b632ae4d3a

Recall that JPMorgan Chase absorbed $240 billion in nominal assets and $188 billion in deposit liabilities, plus some unstated value for the branch network. The net value of this package should be somewhere north of $52 billion. But JPMorgan Chase paid the FDIC only $1.9 billion--and this was the best bid that the FDIC receive.

So Sussman agreed to give up with s simple Bid to the 52B$ worth of value wich could well be the Equity value for the sake of FDIC or JPM?No way Jose.Try another time.Sussman and Godfrey isnt WEIL.If they arent WEIL and there is more after the Curtains with or without your aprovment.
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