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JusticeWillWin

07/23/15 2:50 AM

#429952 RE: JusticeWillWin #429951

bkshadow, EXDIMER, WithCatz I'd appreciate your input to this post and my previous ones...

Am I completely off beam???

yellow_seiko

07/23/15 3:11 AM

#429953 RE: JusticeWillWin #429951

Great DD! So JPM has to pay for the rest at book/market value to escrow?

JusticeWillWin

07/23/15 4:50 AM

#429955 RE: JusticeWillWin #429951

In addition read page 6 (= PDF page 7) last paragraph, beginning with "The volume of assets"! It describes bids for "Whole Bank" transactions, and it clearly explains that the acquirer’s bid reflects their (the acquirer's) valuation of the deposit franchise LESS their estimate of the expected loss on the book value of the assets

IMO the (premium) bid IS only an adjustment/offset for book value, or does anybody come to another conclusion an I'm completely wrong?

https://www.fdic.gov/bank/analytical/cfr/2014/wp2014/WP_2014_04.pdf

Penny Soldier

07/23/15 7:11 AM

#429968 RE: JusticeWillWin #429951