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Re: WaS post# 36594

Thursday, 10/30/2008 9:33:17 PM

Thursday, October 30, 2008 9:33:17 PM

Post# of 749756
Well, WaMu Bank had a net positive value. Proof of that is that JPM paid $1.9B for it. Whatever that value was (probably way more than $1.9B) should count as a LOSS to the holding company.

What they are discussing now is the actual losses that the BANK incurred.

I'm talking about the bank ITSELF counting as a loss, since it was STOLEN from WMI the holding company............z

Do NOT view my Profile!! (i.e. click on zardiw)



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