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Re: jhdf51 post# 741609

Monday, 04/14/2025 1:39:53 PM

Monday, April 14, 2025 1:39:53 PM

Post# of 749756
On the day WMB was sold to JPM, a purchase amount was agreed upon — but that could never have been the final price, because no one could have known the exact value on that day. And the FDIC is legally obligated to settle based on the book value as of the date of the seizure.

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