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Re: novascotiaSTS post# 741902

Monday, 04/21/2025 9:23:52 PM

Monday, April 21, 2025 9:23:52 PM

Post# of 749756
It was $47B at fair market. The rest is just paper losses that never happened. Wamu was taken down because of a bank run. The portfolio never had real loss. It was a combination of paper loss and bank run that took it down.

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