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Re: SamuraiProgrammer post# 644330

Sunday, 01/03/2021 11:53:51 AM

Sunday, January 03, 2021 11:53:51 AM

Post# of 749756
Samurai, I think you are rught about the $86B. FDIC cannot legally touch most of these bankruptcy remote assets that are locked up in the SPVs. I think FDIC is in a bind. They owe class 17 $13B but the money to pay it back are locked up in these remote bankruptcy securitized entities. That is one possible reason for all these delaying tactics over the past 8 years to end the bk and FDIC recwivership -- like utilizing bullshit Libor and employee claims lawsuits.

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