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Re: Dmdmd2020 post# 528476

Wednesday, 07/25/2018 1:31:04 PM

Wednesday, July 25, 2018 1:31:04 PM

Post# of 730626
The only way I see Libor case paying out significantly for WMI is if we directly held a bunch of derivatives based on Libor that would have paid us the cash necessary during the bank run period and thus saving us from takeover. If they can prove that kind of damage from the Libor rigging, we can be looking at 10's of billions if dollars in settlement. Otherwise, dont expect more than 1 or 2B.
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