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Post# of 733603
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thepennyguy

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thepennyguy

Re: JohnnyWinter post# 141130

Monday, 01/25/2010 7:59:45 PM

Monday, January 25, 2010 7:59:45 PM

Post# of 733603
haven't they shot themselves in the foot with this motion.

WMI was sold to 1.9B that doesn't cover the 13B in liability and junior/senior bonds....


bear stearns: 11B market value JPM paid 3.4B
Indymac: 32B market value was sold for 13.9B
WaMu: 307B sold for 1.9B ?

i don't think they are taking this into consideration.

you can go to:
http://www.fdic.gov/bank/individual/failed/banklist.html

the list of failed banks, compare most of the failed banks net worth vs. what they were purchase for and you'll find the answer. Wamu was stolen!

GO EC!
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