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Re: Dmdmd2020 post# 541726

Saturday, 10/13/2018 4:06:23 PM

Saturday, October 13, 2018 4:06:23 PM

Post# of 729627
~ DmDmD2020, I'm Trying To Follow Your Calculations ~

However, as most know, basically I've been a Delaware and D.C. Dual Tracking Legal Process Researcher, ... However, If" ? I may ask you Two Questions pertaining to your mathematical conclusions for a better understanding of your presentations' ...

1st: ... As You Say, ... "The ABS/MBS TRUSTS are not owned by WMI! WMI only has beneficial interests in the ABS/MBS Trusts." ... So If' ? You understand this (which I also agree with), ... Then how do you move to the consideration that the WMI-LT which, in the WMI-LT's own words, only represents the WMI Holding Co., has anything to do with the Trust Class Segregated dividend returns ... ? ...

It appears to me that you understand the Trusts separation and individuality', yet you appear to promote the "75/25 to the end", myth and lore' ... ? ...

If you believe 75/25 split to the end:

Class 19 preferreds = $172.50176 billion x 75% = $129.37632 billion in cash

Class 22 commons = $172.50176 billion x 25% = $43.12544 billion in cash

Old WAMPQ = $18,247.09

Old WAMKQ = $456.17

Old WAMUQ = $36.10



2nd: ... Again as you Say, ... "(approximately 26.24% participation per my previous posts) in ABS/MBS Trusts created by WMI subsidiaries." ...

Where is the 26.24% participation number coming from', that number of participation in the ABS-Cert Trusts' is not consistent with WMI's 2005, 2006, & 2007 SEC 10-K's referring to its "Retained Interest Earnings", and also referred to as "Retained Earnings" in the Feb 2012 MOR, just ahead of the Plan 7 Reorganization' ...

Thanks In Advance

AZ

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