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Post# of 749756
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hotmeat

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Re: Donotunderstand post# 544553

Monday, 10/29/2018 11:30:40 AM

Monday, October 29, 2018 11:30:40 AM

Post# of 749756
Ques: Is it not true that the assets in the above trust were sold to investors or other banks or ….? And the potential value to the Escrows or LT is (only) the (remaining) beneficial interest that WaMu may have retained and NOT the $24-27B


No...the $24B-$27B was the actual market value of the investment assets as stated in the June 30, 2008 Form 10Q, not 5-10% of that value.



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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