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Post# of 734503
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Re: newflow post# 710767

Sunday, 06/11/2023 10:11:06 PM

Sunday, June 11, 2023 10:11:06 PM

Post# of 734503
This excerpt is from October, 2008. The current year is 2023.
https://www.fdic.gov/foia/files/congressionalcorrespondence4thqtr2008.pdf

JPMorgan Chase purchased assets with a book value of$298.7 billion. Additionally, they
acquired liabilities totaling $258.5 billion. The actual market value of those assets is yet to be
determined. However, according to media reports issued by JPMorgan Chase, they immediately
wrote down the book value of the assets by $30 billion.
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