Not really sure, but the FDIC has very wide encompassing powers to do what needs to be done here IMO. If this happened the way alot of us think, then I believe the Gov't would do whatever is necessary to keep this under wraps until they want it to be known, all on their time and their terms.
I do think some of us are getting confused on the WMI and WMB in regards to FDIC and WMILT and what may come back to WMIH if there are off-balance sheet assets as well as escrows.
This case is very convoluted indeed, there is Bankruptcy, a Receivership and a Purchase & Assumption Agreement, alot of moving parts here and even many of the filings interchange WMI and WMB....