ChangnoiPlaza
2 minutes ago
On September 25, 2008, WMB was taken over by the FDIC and sold to JPM. According to regulations, the FDIC must pay the old owners of WMB (WHIH) the book value of the assets. On September 25, 2008, the book value could not be determined, so the stated amount of 1.9 billion USD is not the book value,