Exactly... JPMC Had to put $299BB of WAMU Assets "Off Balance Sheet" because it FAILED IN ITS Scheme with the FDIC and US Treasury t STEAL Those Assets that belonged to WMI, the Parent company of WM FSB that Sheila Baid schemed and stole for JPMC & Jamie Demon, as part of the "Forced BK" of WAMU. What the DUMB Sheila Bair did not realize was that WAMU CEO & His Team cam upon the "Inside Job" hatched by Jamie Demon called "PROJECT WEST" to take over WAMU and went to extra0ordinary and VERY CLEVER MOVE of separating out the Assets into various other Subs of the Parent company WMI and hence ringed "a Fence" thru 'Coprorate Veil" away from WM FSB.. Eventually JD, SB & HP 'stole' WM FSB for JPMC but then to thier shock learnt that they could 'STEAL" all those Assets of WMI, when the BK proceedings started... The FDIC was 'forced' to put all Those $299BB of Assets of WMI into "Safe Harbor' to comply with BK Law - In essenec they aere "BK REMOTE" Assets and JPMC had to put them "Off Balanace" as FDIC demanded JPMC PAY For those Assets, if they wanteed them .. AND JPMC didn't have that kind of MOney... IN Fact the whole 'Takedown' of WAMU was to protect the Collapse of JPMC itself as it was essentially "Insolvent" in 2008. But the takedown of WAMU prevented it as they were able to take on ALL Deposits on WM FSB onto their Balance Sheet and strengthen it.
I have the same question for Lehman Assets.. I can't beleive that they were INFLATED by 83.33% as TGF is claiming... They are, IMHO, in some Subs and are "BK Remote' in those Subs and will have to eventually 'return' to LBHI.
Market Data 
Markets 
AI
