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Post# of 734004
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hestheman

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hestheman

Re: Ace45 post# 153581

Wednesday, 02/24/2010 10:50:34 AM

Wednesday, February 24, 2010 10:50:34 AM

Post# of 734004
Exactly and that is what the FDIC's defense is basically. It was'nt a matter of Wamu being insolvent. It's a matter of IF they were to fail FDIC could'nt cover the damage. Wamu was in fact, Too successful for the FDIC to handle.
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