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Friday, March 04, 2022 5:17:12 PM
***FDIC States*** Does NOT include WaMu's 299 BILLION in ASSETS. YEAH!
***Concrete Evidence***The Holy Grail***
Link follows - Examiner-Unfortunately it looks like the following link has been deactivated by the PERPS
http://www.kccllc.net/wamu/document/0812229100722000000000002
***The Holy Grail***
The legal group Akin and Gump are discussing the scope of what the Examiner can examine and what he cannot examine.
Pages 70 - 72...Unfortunately it looks like the following link has been deactivated by the PERPS
http://www.reorgwmi.com/documents/HearingTranscripts/08-12229-20100720.PDF
We also have in there the part (b) of what is to be retained, and that is because in
negotiations that we had with all of the settling parties, with the equity committee
last week, with the FDIC, we did talk a great deal about the concept of the retained
assets. Now, it's my position, Your Honor, that the examiner doesn't need to do
much with the retained assets other than say the assets are retained and therefore
the liquidating trust can go ahead and pursue them. They will still be there; they
can be carried through. But I understand that the equity committee is very
interested in having a neutral third party do an investigation of those retained assets.
__________________________________________
FDIC TRULY states HUNDREDS of BILLIONS in WaMu Assets - Yes, HUNDREDS of BILLIONS
https://www.fdic.gov/about/strategic/corporate/cfo_report_3rdqtr_15/0915_cfo_report.pdf
***Bottom of page 7*** ...LINK still works
'Excludes WAMU with total assets of $299 billion and zero estimated losses to the DIF'
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