Whats funny about WM/JPM...

Discussion in 'Wall St. News' started by peilthetraveler, Sep 25, 2008.

  1. Dec 31, 2005 WM had exactly 18.3 billion in net assets.
    Jun 30, 2008 WM had exactly 18.4 billion in net assets.

    So even though WM has more assets NOW than it did before the credit crisis, JPM was able to come in and get 18.4 billion in assets for 1 billion dollars. Hell of a bargin