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hotmeat

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hotmeat

Re: Donotunderstand post# 600655

Thursday, 12/12/2019 4:20:45 PM

Thursday, December 12, 2019 4:20:45 PM

Post# of 731791
They are the FDIC's responsibility as part of the WMB Receivership.

They were Unsecured Bonds hence the reason JPM did not assume them in 2008.

Unless the FDIC can somehow come up with the $13.2B they are owed they are now essentially worthless.

This claim that JPM will somehow reassume this debt once WMB is removed from WMIH's Consolidated Balance Sheet is pure hogwash.

"MEGA BILLIONS CREW" non-member

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