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Re: bkshadow post# 430526

Tuesday, 07/28/2015 9:06:51 AM

Tuesday, July 28, 2015 9:06:51 AM

Post# of 731998
I don't know anything about deals of Wells Fargo and Wachovia. I had a quick glance because FDIC brokered this deal between citi and Wachovia was very closed to ours in terms of time, bidding amount, and financial crisis.

I may be wrong. FDIC requested citi to absorb total 42B loss ( 30B initially, plus 4B after 3 years) from all portfolio loans, and FDIC backed up 130B from MBS? (Not 100% sure).

Any similarity there comparing to ours?

TKS
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