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Re: mypenneys post# 687411

Sunday, 05/01/2022 10:19:50 PM

Sunday, May 01, 2022 10:19:50 PM

Post# of 730050
The Receiver anticipates that it will make a final distribution at a later date, however, consistent with the depositor preference scheme provided in 12 U.S.C. § 1821(d)(11)(A), it is unlikely that the Receiver will have funds to distribute to holders of receivership certificates issued to WAMU subordinate note holders or equity holders.

When you click on the link she posted, you'll see that curious statement at the end. Looks like the FDIC is having it both ways.
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