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Re: marty009 post# 8210

Tuesday, 05/31/2016 10:03:11 AM

Tuesday, May 31, 2016 10:03:11 AM

Post# of 8307
I am not sure what you are trying to
figure out.

When Judge Block stated in his final
Opinion that the LTWs were trading
on the NASDAQ when JPMC " acquired
them " I think he is meaning that
JPMC also acquired the obligations
to the LTW Holders - who owned the
LTWs.

The LTWs were registered to and owned
by the LTW Holders and not WMI, and so I
don't think the FDIC could legally transfer
ownership of the LTWs under the PAA to
JPMC if WMI did not actually own the LTWs.

I suppose that WMI could assign ownership
of the LTWs - of the Holders who opted in
and exchanged theIr LTWs for WMIH - to
JPMC.















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