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Friday, November 23, 2018 12:24:18 PM
Washington Mutual was a thrift holding company that had 133
subsidiaries. These subsidiaries included Washington Mutual Bank, which was the largest savings and loan association in the United States prior to its failure, with more than 2,200 branches and $188.3 billion in deposits, according to the confirmation opinion of the U.S. Bankruptcy Court of the District of Delaware.1 Washington Mutual Bank conducted most of Washington Mutual, Inc.’s primary banking activities. PLEASE RE-READ.
NOW PLEASE READ BELOW AND TELL ME WHAT NUMBER YOU COME UP WITH.
Washington Mutual also had several nonbanking subsidiaries, including two captive reinsurers, several mortgage companies, and several real estate companies. At the time of filing, Washington Mutual had
approximately $32.9 billion in total assets
and total debt of approximately $8.1 billion.
32.9 Billion Assets
-8.1 Billion Debt
_______________________
= 24.8 Billion Remaining assets
24.8 Billion ON THE BOOKS OF WASHINGTON MUTUAL INC! NOT BANK... INC!
WHO HAS THE MONEY ?
In my opinion and from my research over the years I most definitely believe 24.8 billion is the number with interest accumulating. I would like to believe big numbers however I see no path to pie in the sky numbers I do believe we will see recovery north of 24billion plus interest added less lawyers, accounting and litigation expenses.
https://www.gao.gov/assets/330/321213.pdf" rel="nofollow" target="_blank" >https://www.gao.gov/assets/330/321213.pdf
Regards,
B
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