Could you please explain WHY the FDIC could have a subrogated deposit claim AT ALL? JPM "bought" all the $188.3 bln. in deposits (insured and uninsured) (IMO for a premium of $1.888 bln. which is 1% of the $188.3 bln. in total deposits of WMB).
The FDIC had no costs at all with the resolution of WMB according to their PRs.