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Post# of 730545
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Re: clawmann post# 459997

Wednesday, 08/24/2016 9:37:08 PM

Wednesday, August 24, 2016 9:37:08 PM

Post# of 730545
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""Please note that under federal law, 12 U.S.C. § 1821(d)(11), claims by subordinated debt holders are paid only after all claims by general creditors of the institution. At this time, the FDIC as Receiver for Washington Mutual Bank does not anticipate that subordinated debt holders of the bank will receive any recovery on their claims."
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