So, JPM is trading at new all time highs BUT will have to make a payment of 200B in the next 10 days which will wipe out half of its shareholder equity, right?
"How much would go to the Wamu estate is hard to say, but it could be very significant."
imo, It would be enough to cover the P, K and U's at par (10B) plus interest. Plus the Bonds at par plus interest. So the FDIC needs aprox 57B ish to take care of the WAMU part.
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