Sunday, February 25, 2018 11:44:35 AM
WAMU was never bankrupt and there are several documents that consistently prove otherwise.
One example would be the document sent to Ms Bair the day before the bank was seized.
It outlined WAMU's plan to recapitalize WMB to the tune of $20-$30B over a prescribed period.
The source of the funds were indicated and involved the partial de-capitalization of the overly solvent WMBfsb.
The FDIC got spooked and colluded with JPM to seize the bank.
Escrow Returns: $2-$10 Billion....75%/25% to the End
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