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Re: etzetrade post# 477508

Wednesday, 05/10/2017 10:27:29 AM

Wednesday, May 10, 2017 10:27:29 AM

Post# of 729909
Also, those pre-BK holders common had 100% confidence on WMI. So, after WMI filed BK brought them to the bottom. WMI owed those holders an apology.

Unfortunately, nobody in EC knew how much $$ parent company has been hiding. In order to compromise everyone, JW approved substantive consolidation of 75/25 split. Then, there is NO cap for preferreds.
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