Monday, August 28, 2023 12:28:21 AM
The FDIC has never discussed the liabilities of WMB other than the WMB Bank Notes.
Yes WMI sued the FDIC for $307.2 Billion.
Documented!
Conciser this regarding WMB’s liabilities;
The FDIC has sued the big banks regarding LIBOR on WMB’s behalf.
The ABS are all insured by Derivatives as required by the Prospectus of the ABS Offerings.
Ron
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