What belongs to WMI, belongs to the LT period. When the FDIC seized and sold WMB to JPM that single act they assumed the debt responsibilities of WMB ie the noteholders, all $13.8 billion.
Concessions may have been made in the GSA/POR, but the fact remains that no wholly owned assets of WMI/Debtor can be gifted to the FDIC for settling the liabilities of the bank.
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