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Re: bkshadow post# 401659

Wednesday, 07/16/2014 1:00:09 PM

Wednesday, July 16, 2014 1:00:09 PM

Post# of 727284
I love the "Charade Parade Reality" statement!

And you speak the truth:
"simple, there is "no escrow recovery" coming (of anything other than minutiae)."

As I just mentioned in the other post; WMILT sources of cash for distribution to escrow shares are only:
1.) reducing/settling and denying existing employee claims.
2.) Tax refunds collected
3.) D&O Insurance payouts (which is starting to look like a long-shot).

I believe there will be a couple of drops max from the waterfall that reach the final tranche. That's it.

Now back to WMIH! That's the real recovery for preferred and common shareholders.

This post is my own opinion, and should not be relied on for your investment decisions.

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