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Re: wamuvoodoo post# 402309

Wednesday, 07/23/2014 8:04:04 PM

Wednesday, July 23, 2014 8:04:04 PM

Post# of 729864
The formula is:

75/25 split

Per $1B

$750,000,000 off the top

$250,000,000 divided by 1,400,000,000 for the rest.

Or: (rounded) $0.1786 for the twenty-five percenters.

For $10B the twenty-five percenters would get $1.786 per escrow share marker.

Willingham would get $1,786,000.00 for his $1M escrow share markers.
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