Between 30B as discussed in the court when Safe harbor discussed and Judge told the lawyer to not bring it up again. It will be there when the case is over
And 299B as noted in the FDIC accounting of the assets... But some of those 299B mentioned by the FDIC are depositors assets... and some are not.
As noted, FDIC experienced no loss to the insurance fund for WMB BK.
I believe that there is still some accounting for the over funding the BK provided to the insurance fund due to the seizure.
AND the top end depends on how much equity was buried in the MBS that WMI had an equity interest in.
It also needs to be figured out how much was owned by WMI and should not have been a part of WMB seizure, but taken anyway. This is the illegal part of the seizure.
JPM ended up finding a 30B windfall in the scraps of WMB - But was it actually WMI scraps? And therefore needs to be returned to WMI DTC?
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