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lodas

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lodas

Re: novascotiaSTS post# 702274

Wednesday, 02/01/2023 4:23:18 PM

Wednesday, February 01, 2023 4:23:18 PM

Post# of 729691
the FDIC got 299 billion in MBS in settlement for the GSA.... thats why they state the Receivership is no cost to the taxpayer... FDIC got what Sheila could not get in her congressional hearings, which was before the GSA agreement... how could she know that WMI in 2009 was going into a GSA with all parties later on?....Thats why the Receivership is not closed yet... the FDIC is milking the MBS to pay off the 14 billion dollar shortfall in the Receivership balance sheet...the FDIC will never close the receivership until every last MBS is closed out...what did WMI get?... they took a (20.7) billion RE Shareholders loss on those MBS assets and turned them over to the FDIC, and got 6.5 billion dollars credit against them to pay Creditors to settle the chapter 11 with...Lodas
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