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Re: lucmariepierre post# 78230

Sunday, 04/01/2018 12:50:07 PM

Sunday, April 01, 2018 12:50:07 PM

Post# of 111126
If Wamu's POR6 is applied to LB2, then Lehjq gets nothing. CTs get 51%, and creditors get 49% of LB2 respectively. Unless CTs are paid in full, the LB2 with NOL goes to lower levels in OBS.

Without NOLs, nobody wins.