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novascotiaSTS

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novascotiaSTS

Re: Royal Dude post# 729593

Sunday, 06/16/2024 6:11:38 AM

Sunday, June 16, 2024 6:11:38 AM

Post# of 732968
The payments to the FDIC have nothing to do with Escrows of course - it couldn‘t be clearer that they are made to replenish the FDIC‘s funds after the payments to depositors at SVB and Signature.

The idea that the FDIC will just announce in late June that these funds are instead paid out to former WMI shareholders has nothing to do with reality.
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