User talk:2600:1700:4080:2450:641F:847:478:6FC8

RE: WAMU closure by Office of Thrift Supervision and FDIC as receiver: https://www.fdic.gov/news/press-releases/2008/pr08085.html (Thursday evening, Washington Mutual was closed by the Office of Thrift Supervision and the FDIC named receiver.) Receivership Management Program Program Description: When an IDI fails, the FDIC is ordinarily appointed receiver. In that capacity, it assumes responsibility for efficiently recovering the maximum amount possible from the disposition of the receivership’s assets and the pursuit of the receivership’s claims. Funds that are collected from the sale of assets and the disposition of valid claims are distributed to the receivership’s creditors according to priorities set by law. https://www.fdic.gov/about/strategic-plans/strategic/receivership.html