ron... you said 363/365 sales of more than 25 billion....could you be more specific as to the source of WHO CONDUCTED these sales????.....The official documents states that the FDIC-R sold the banks and substantially all of the assets to JPM for 1.89 Billion...did the Receiver conduct these sales, or let JPM dispose of these banking assets?....here is whats known: if the receiver conducted the 363 sales and got 25 billion dollars then why is there still a 14 billion dollar deficit on WAMU's balance sheet.....and (2). if JPM conducted the 363 sales, they state that they wrote down the banking assets to negative equity... so therefore, JPM did not contribute any money from the 363 sales of WAMU assets....I am confused, where did this 25 billion dollars come from?...there is no such entry on any documents submitted to the SEC verifying your assertion..... TIA in advance for your speedy reply.... Lodas
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