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Re: QBert post# 675154

Wednesday, 01/05/2022 12:48:39 PM

Wednesday, January 05, 2022 12:48:39 PM

Post# of 749756
QBert, thank you for showing this again. Maybe there should be further research by some so-called Option-experienced investors before commenting like they know when all they really know is nothing concerning the ultimate end.

The end of the WaMu saga will NOT OFFICIALLY end UNTIL the "R" or Receivership has finally been resolved and closed.

https://www.fdic.gov/foia/files/washington_mutual_p_and_a.pdf

***PDF Page 20***

ARTICLE VII

BID; INITIAL PAYMENT


$1,888,000,000.00 for the The Assuming Ban has submitted to the Receiver a positive bid of

Assets purchased and Liabilities Assumed hereunder (the "Bid Amount"). On the Payment Date, the Assuming Ban will pay to the Corporation, or the Corporation will pay to the Assuming Ban, as the case may be, the Initial Payment, together with interest on such amount (if the Payment Date is not the day following the day of Ban Closing) from and including the day following Ban Closing to and including the day preceding the Payment Date at the Settlement Interest Rate.














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