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Re: wamugold post# 592809

Thursday, 10/24/2019 2:49:52 AM

Thursday, October 24, 2019 2:49:52 AM

Post# of 729552
Quote: "The way I read it is FDIC receivership got 151 B deposit from WAMU but seems to have paid it off to someone else so FDIC has zero money left from receivership."


The "someone" that money was returned to was WAMU depositors. That's the main function of the FDIC, securing a bank's customer deposits.

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