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Re: Dragynn post# 118690

Friday, 11/06/2009 12:14:03 PM

Friday, November 06, 2009 12:14:03 PM

Post# of 730280
"Subsequent to the closure, JPMorgan Chase acquired the assets and most of the liabilities, including covered bonds and other secured debt, of Washington Mutual Bank"

"If you hold senior unsecured debt, subordinated debt, or other claims in Washington Mutual Bank then you should file a claim in the receivership for recovery of any amounts that may be due to you"

Straight from the horses mouth (FDIC)

http://www.fdic.gov/news/news/press/2008/pr08085b.html

FDIC Claims they incurred no losses as a result of the transaction
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