Here are 2 WMB FSB documents showing proof of the $29.2B net equity(!) (assets = $46B, liabilities = $16.8B) you mentioned Overview: investorshub.advfn.com/uimage/uploads/2017/11/28/ckpfhwmb_fsb_assets.png And the details, also showing many MBS on the asset list! investorshub.advfn.com/uimage/uploads/2019/4/12/srginWMB_FSB_MBS.png Your post: read on... especially the 29.23 billion dollars at the WMB Fsb.....Lodas https://www.scribd.com/document/43196488/Washington-Mutual-WMI-Shareholder-Berg-Letter-Project-Fillmore