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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: Perspective who wrote (8710)9/26/2008 10:41:10 AM
From: Galirayo  Read Replies (1) of 41419
 
I guess the Block of Mtg Backed stuff or Portfolio at WaMu valued at about 176 billion was worth about 146 billion to JPM .. cuz from what I gather .. they own em for that price this am.

That's a lot more than the 5 to 6 cents that LEH ?? netted on theirs .. they had to finance 16 cents and create another piece of Paper. lol I wonder what they named that piece of toxic paper.

Here's the Breakdown ..

img294.imageshack.us
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