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Chief Financial Officer's (CFO) Report to the Board

301 Moved Permanently

301 Moved Permanently


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Selected Financial Data - Second Quarter 2009

Fund Financial Results ($ in millions)
FSLIC Resolution Fund
 
Jun-09
Mar-09
Quarterly Change
Jun-08
Year-Over-Year Change
Cash and cash equivalents $3,459 $3,467 ($8) $3,444 $15
Accumulated deficit, net (123,955) (123,944) (11) (123,811) (144)
Resolution equity 3,487 3,498 (11) 3,458 29
Total revenue 7 5 2 43 (36)
Operating expenses 3 1 2 2 1
Goodwill/Guarini litigation expenses 0 0 0 77 (77)
Net Income/(Loss) ($7) $4 ($11) ($41) $34

Receivership Selected Statistics June 2009 vs. June 2008
 
DIF
FRF
ALL FUNDS
Year-to-Date ($ in millions) Jun-09 Jun-08 Change Jun-09 Jun-08 Change Jun-09 Jun-08 Change
Total Receiverships 85 22 63 8 9 (1) 93 31 62
Assets in Liquidation $26,467 $2,343 $24,124 $33 $34 $(1) $26,500 $2,377 $24,123
Collections $4,297 $221 $4,076 $5 $4 $1 $4,302 $225 $4,077
Dividends Paid $3,078 $232 $2,846 $0 $4 $(4) $3,078 $236 $2,842

DIF Receiverships with Transaction Account Guarantee Program Claims as of 6/30/2009

DIF Receivership with Transaction Account Guarantee Program Claims as of 6/30/2009 ($ in Millions)
Year
TAGP Claims
TAGP Estimated Losses
10/2008
0.4
0.2
11/2008
67
21
12/2008
3
1
01/2009
67
23
02/2009
191
32
03/2009
65
12
04/2009
37
14
05/2009
1,600
681
06/2009
27
7


Last Updated 09/02/2009 dofbusinesscenter@fdic.gov

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