2008-09-25 — bloomberg.com
``JPMorgan will pay $1.9 billion, the Federal Deposit Insurance Corp. said in a statement today. It won't acquire liabilities including claims by equity, subordinated and senior debt holders, the FDIC said. ''
See also our bank implode write-up.
mortgagemess at 06:39 2008-09-26 said:And why do you think the assets were sold IMMEDIATELY to JPMorgan Chase?..The FDIC only has so much money to go around! Permalink
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.