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Thursday, February 15, 2024 7:29:18 PM
This is another incredibly despicable fantasy.. it's invisible...unreal what denial will lead a person to say to keep from facing reality. The FDIC doesn't have anything for deleted, deemed worthless, with no further distribution, escrows. Fact. It would be wise to find a new hobby. This one isn't working out...
The Receiver does not currently have and does not anticipate accumulating sufficient assets to pay in full all of the allowed claims of the general unsecured creditors of WAMU. As a result, the Receiver does not project having sufficient assets to make any distributions to WAMU subordinate note holders or equity holders. Therefore, it is unlikely that any distributions will be made to WMI or its successor on its claim as sole equity holder of the failed bank.
https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/wamu-settlement.html
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