InvestorsHub Logo

lodas

11/27/23 9:01 PM

#719377 RE: ron_66271 #719372

yo ron?..........JPM paid 1.88 billion for WAMU banks, and related banking assets!!!!!!!!!.....it is documented in the Wmih 10-K, 2013 audited filing as submitted to the SEC.......also, the money to pay creditors in the chapter 11 came from negotiations as a result of the GSA, in which WMI was awarded 6.5 billion dollars in settlement with JPM.and the FDIC......the novel you created came from your imaginative mind, but not related to reality.....JPM will not be paying one more dime for WAMU assets, as they were all sold off with a loss, and written to negative goodwill....negative goodwill is a fancy way to say worthless....get real, and read the documents....Lodas
Bearish
Bearish