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Post# of 728661
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hotmeat

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hotmeat

Re: Split T post# 535108

Saturday, 08/25/2018 7:33:00 PM

Saturday, August 25, 2018 7:33:00 PM

Post# of 728661
Do you agree with ron's assertion that the FDIC cannot destroy records of an institution which it places into Receivership???

2) Do you also agree that WMB became a "true sale" (LOL) so there are no "Golden Parachute" issues re the WMILT and the FDIC???




NOTE: Read itsmyoption's post and it seems to indicate that the FDIC rule was amended so that the records must be kept no less than 6 years after the end of a receivership. That means WMB's records can only be destroyed after Sep. 24, 2024. So instead of destruction of records after the 10 yr anniversary of being placed into receivership (Sep. 24, 2018), the timeline is now 16 yrs.

FACTS...NOT EMPTY RHETORIC!!!

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