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Monday, January 07, 2019 5:07:09 PM
If anyone thinks that we have monies in mass coming from the FDIC Receiver they would be incorrect. As for what we could get from them is some restitution for seizing WMB as The FDIC's hasty action caused a unrecoverable and irreversible situation for the holding co WMI. So all that was left was the HOLDING CO and their Big ass Safe of assets that filed For Bk PROTECTION because a Holding company with out a bank is useless going forward. WMI at the time of filing had 32 Billion in assets and 8 billion in debits and was Valued at 24Billion NET!
Please everyone remember what the FDIC SEIZED!
Hold Co Regards,
B
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