My previous statement used 1.7 billion common shares, the total WAMUQ shares outstanding which is incorrect.
Only 1.4 billion shares(WAMUQ) signed releases and received escrow shares. The statement should read:
"In summary, the Trust escrow shares would have to receive $10 billion total for the Preferred ($7.5 billion) to be made whole. $2.5 billion of this $10 billion would go to the common. $2.5 billion / 1.4 billion common shares = $1.7857."