8lang
4 minutes ago
4483 02/04/2025 JOINT REPLY MEMORANDUM OF LAW in Support re: [4164] JOINT MOTION for Summary Judgment on "Upstream" Issues. Document filed by Bank of America Corporation, Merrill Lynch Capital Services, Inc., Merrill Lynch & Co., Merrill Lynch International Bank, Ltd., Bank of America, N.A.
BigBang
4 minutes ago
cost the Deposit Insurance Fund approximately $69 billionThis amount, I believe, is the administrative cost for the resolution of bank failures other than WAMU. As was stated back in 2008, the taking of WAMU was done at no cost to the FDIC. And, as you well know, WAMU was solvent and was seized ille