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Re: maekuz post# 214305

Monday, 06/21/2010 11:56:42 AM

Monday, June 21, 2010 11:56:42 AM

Post# of 735065
Point being?

in other words... if push came to shove... the FDIC would have the monies to pay off WMI at least $100 Bln.

If you recall Indy Mac was paid approx $30+ Bln and settled... and they had far less assets.

Wamu had 2200+ branches under them...

the FDIC still has not fessed up to their wrong doing... but that could change soon.

530I for now... M6 Later....

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