1 Articles match "America","Presentation","Washington Mutual"
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How Much for Those Lender Assets in the Window?
In September Merrill was bought by the Bank of America for $29 a share . billion for the “deposits, assets and certain liabilities of Washington Mutuals banking operations.” In other words, not all of WAMUs liabilities. “In conjunction with this acquisition,” said JPMorgan Chase, it would be “marking down the acquired loan portfolio by approximately $31 billion, which primarily represents our estimate of remaining credit losses related to the impaired loans.” In its investor presentation How Much for Those Lender Assets in the Window? By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
|
-
How Much for Those Lender Assets in the Window?
In September Merrill was bought by the Bank of America for $29 a share . billion for the “deposits, assets and certain liabilities of Washington Mutuals banking operations.” In other words, not all of WAMUs liabilities. “In conjunction with this acquisition,” said JPMorgan Chase, it would be “marking down the acquired loan portfolio by approximately $31 billion, which primarily represents our estimate of remaining credit losses related to the impaired loans.” In its investor presentation How Much for Those Lender Assets in the Window? By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009