Cashman
Furthermore, as evidenced by JPM's ability to write UP the assets of WAMU throughout 2009, and show significant profits from the acquisition, the liquidated value was not appropriate.
Ask yourself this. If someone sold 302 billion dollars worth of your assets for 1.9 billion, whould you think that it is a reasonable liquidation value? Especially when you don't even get to keep the funds from the sale!!
No wonder they're suing the crap out of them.
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