I posted about the Covered Bonds and how they were overcollateralized months ago, what are you talking about? (post 531033)
You are 100% WRONG about the FDIC's $40.2B Asset-related equity adjustment, that wasn't the subject.
In NOTE 8 the FDIC refers to it as a Discovered Asset and Liabilities respectively. The Asset being $26.4B and the Liability $13.8B. Facts don't lie! (post 518718)