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fredscott36

03/15/23 1:31 PM

#56718 RE: Large Green #56717

....Dude, I totally agree........the FDIC and frankie want the nightmare to end............

...I think there is some sort of technical GLITCH with the payouts.........???.......unless the FDIC is playing us, and could pay us at anytime........the original uwbi BK is tagged "inactive" for some reason no one can explain.....................and the Receiver goes on and on....................

.....I dug into this mess and get contradictory explanations.....the best source with the most cred is the Federal Reserve resource dept....??.....they actually speak directly with the FDIC and any legal reps...............the answer I obtained is...............we are getting most or all of the residual recoveries...........and we have to wait until the last of the recoveries are collected by the FDIC...................???................100% legitimate, if true and it might be.....as the ESOP contends....

......................no worries, LAR LAR DEAR..................we have $138mm, safely in our account...................and only the LIBOR suit is left....and seems to be settling...............

.....................LAR LAR....my advice is to put a super positive PSYCHOLOGICAL SPIN on this mess....................a feel good, warm and fuzzy.....and each passing day dealing with this sh*t = more money and a better outcome..........it works and it might be true.................









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Nightdaytrader

03/15/23 1:35 PM

#56719 RE: Large Green #56717

Large Green, yes, it is embarrassing for fdic.. SVB failure is second largest, and reminds everybody wamu is #1.. yet fifteen yrs later and fdic are still working on wamu.. ridiculous.. plus jpm and fdic probably don’t want people remembering wamu.. let’s hope you are correct and this ends soon..

Nd9