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Re: etzetrade post# 543038

Friday, 10/19/2018 9:11:10 AM

Friday, October 19, 2018 9:11:10 AM

Post# of 731927
The Sussman team wouldn't have had solid proof of SH assets because they never got access to WAMU's books. They meant that we all would benefit from the increase in pps as the company acquired assets and became more successful. I'm not saying that there aren't SH assets since I firmly believe there are WMI owned residual interests in MBS's. It's just that Justin and Parker were referring to something other than legacy WMI assets.

25.2 Cancellation of Common Equity Interests:.., on the Effective Date, ALL Common Equity Interests shall be deemed extinguished and the certificates and ALL other documents shall be deemed cancelled.

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