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newflow

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newflow

Re: Civil War General post# 728293

Tuesday, 05/21/2024 3:45:12 PM

Tuesday, May 21, 2024 3:45:12 PM

Post# of 729609
Deposits are not assets, but liabilities. WMB had $158 B in insured deposits and $30 B uninsured deposits. JPM paid 1% premium of $1.88 B for those deposits to FDIC. WMB had overall $350 B in assets and $266 B in liabilities. There was $80 to $90 B equity.
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