so, where did the 20 billions go, you ask?.....the FDIC got it and is holding it to settle the deficits in WAMU's 14.6 billion balance sheet... remember, the FDIC has stated that the receivership is no cost to the taxpayer...well, now that statement has merit because they have enough cash to cover the shortfalls in the balance sheet...why hasn't the receivership closed in all these years?... you guessed it...the FDIC is settling all claims against WAMU for the phony MBS and "put Backs of soured MBS sold to various GSE.... Lodas