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newflow

08/28/22 3:03 PM

#694466 RE: novascotiaSTS #694464

You have to look at Trust/DCR column,its positive because the assets were transferred to Trust/DCR.Its negative on WMI balance sheets,because it belonged to equity which was positive.
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rickstereo3333

08/29/22 12:34 AM

#694475 RE: novascotiaSTS #694464

Yes, and so is exactly what he claimed also.

Seems you didnt look closely enough to your own link.

They used the value of common equity ($13b) and preferred stock ($7b) to negate the +$20b in retained earnings.

In any event its probably just about accounting and as such is meaningless.