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Re: WAMULICIOUS post# 537922

Saturday, 09/15/2018 11:04:01 PM

Saturday, September 15, 2018 11:04:01 PM

Post# of 729808
That's incorrect. JPM received the assets and the investors interests in the TPS assets were converted to WMI stock that was equivalent to Wampq and Wamkq stock. The Reits, as evidenced below, were also cancelled along with Pq and Kq's.



POR pg 59

Quote: "23.2 Cancellation of REIT Series: Notwithstanding the provisions of Section 23.1 hereof, on the Effective Date, all REIT Series shall be deemed extinguished and the certificates and all other documents representing such Equity Interests shall be deemed cancelled and of no force and effect. For the avoidance of doubt, this Section 23.2 shall have no effect on, and shall not result in the extinguishment or cancellation of, the Trust Preferred Securities and, in accordance with the Global Settlement Agreement, JPMC or its designee is the sole legal, equitable and beneficial owner of the Trust Preferred Securities for all purposes."

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