Hold2 Have you estimated what would be the payout on LIBOR and how much of it would belong to WMI? Let’s assume that FDIC did get all $400 billion as the max stated by you and WMI gets 25% or $100 billion. Based on the new Bank of England scandal that you suggest is a priority for the banks and authorities to hide, I have chosen the highest range. If $800 billion MBS recovery also fall perfectly on top of $100 billion LIBOR recovery, we should actually be close to $1 trillion figure. I have attempted a rough estimate above, but it is completely based on what the Leader has provided in the case of hidden MBS and what you have meticulously provided with regards to LIBOR possibilities. at 05:40:33 AM hold2wm I suggest that you read the UK filings from years 2018, 2021 and in early 2022 or find an attorney to do that for you. All the numbers are there, they aren't made up. In 2020 filings for the southern district of NY, FDIC filed a voluntary dismissal for 19 of the 39 closed banks. Tish made FDIC the receiver for only 20 receiverships in that BBA's LIBOR-8 claim. That's why the $440B original figure dropped to now $400B. In other legal filings, the WaMu portion was set to $300B but IMO it could be close to 90%. I don't think that matters a lot at this point in time therefore we shall see what FDIC would accept for Fair & Reasonable punitive damages. "The claim is on behalf of 39 American banks, rescued by the FDIC during the financial crisis. Pre-crisis, it says, their combined worth had been more than $440 billion, while their combined annual turnover at the end of 2007 had been more than $114 billion."
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