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Post# of 749756
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ron_66271

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ron_66271

Re: LuckyPanda post# 743666

Tuesday, 06/10/2025 9:11:04 PM

Tuesday, June 10, 2025 9:11:04 PM

Post# of 749756
No. The WMB Notes are Over-collateralized 2X.

The WMB Notes can fully cover all off the obligations to creators and with a large Performance Payment.

It’s about the Derivative Contracts paying for the 11.9% losses to the MBS.

That is what LIBOR is all about.

The TBTF FAILED.


Need numbers?



Ron
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