They just cited those two years, WAMU was securitizing loans and creating Trusts for many years before that to the tune of $600B-$1.5T depending on the info source. It's all on record.
More and more I believe that FDIC holds $299B is the net to us, which does not include any other creditors. Otherwise, FDIC will not post this figure on Balance Sheets in general.
So, dmd and royal dudes' theories are right. Plus all the flow of annual income may reach $400B to us. Wait and see,
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