9.4 billion does not go to FDIC immediately. FDIC continues to support the old mortagages and will eventually recover the 9.4 B that it has spend from new Indybanc and could be in the orm of preferred shares or warrants that will mature over several years
Disclaimer: Do not buy or sell based on my recommendation. I am not your financial advisor .My recommendations are based on my intuition, research or both and may be right or wrong.
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