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Re: ron_66271 post# 695743

Saturday, 09/24/2022 6:29:21 PM

Saturday, September 24, 2022 6:29:21 PM

Post# of 734345
ron....is there a reason WMI filed for chapter 11, and WAMU was seized if they had securitized 2 TRILLION in RMBS ..?..WAMU was seized because there was only a 16 billion dollar shortfall between assets and liabilities according to Califano, who spoke for the FDIC in court...2 trillion in RMBS dwarfs 16 billion in equity loss...so with all theses assets, why did both companies go bk?... Lodas
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