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Re: MONEYMADE post# 60204

Wednesday, 03/25/2009 12:26:11 AM

Wednesday, March 25, 2009 12:26:11 AM

Post# of 749756
Even by their gorilla math, 14.9 B for IndyMac - 10.7 B in costs = $4.2 Billion

I think IndyMac's assets were about $30 B.

$4.2 B / $30 B = .14


$1.888 B for WaMu - $O costs = $1.888 Billion

WaMu's assets were about $307 Billion.

$1.888 B / $ 307 B = .00615


And those are just numbers used to show the ridiculousness of the "deal" between JPM and the FDIC.


This is in response to #31.

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