Washington Mutual Preferred fka WAMPQ

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is jpm showing wamu's 4.4b as a gain to show a gain on their stock of 7cents a share? isnt that fraud? that 4.4b is a deposit that is guaranteed by fdic in wamu name. how can they possibly substantiate a sell of wamu of 1.9 bil and keep 4.4bil as a cracker jack prize? what are they snorting? fdic caused this whole crisis to fleece their own pockets. fdic is a total joke and poor shareholders have lost everything for the greed of a snake in the grass govt.