So the market valued $26B-$30B in Available for sale securities cited in WAMU's June 2008 Form 10Q were ""sold" to JPM even though most were MBS's not owned directly by WMB??? In addition the FDIC logged ~$26B in unrecorded assets as of Dec. 31, 2008 in it's Statement of assets in liquidation??? But as you said, "nothing to see here"!