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Re: A deleted message

Tuesday, 03/03/2020 10:33:10 PM

Tuesday, March 03, 2020 10:33:10 PM

Post# of 749756
EDIT: Re Congress denying the FDIC powers......

Once again you're making a false assumption that the FDIC proposed this action to only apply to WMI...WRONG!!! It would have allowed them to seize any bank holding company which they knew also controlled assets. In WMI's case that would have meant an additional $8B going to the FDIC Receivership rather than to WMI Creditors. That additional cash would have likely been used to pay the current Bond debt the FDIC owes. That's why!!!







Yeah, because I'm the one who's convincing posters to foolishly believe that $100's of billions are coming back.

Now who's really full of it...………...………………………….

"MEGA BILLIONS CREW" non-member

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