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Re: Sculelos post# 116889

Saturday, 10/31/2009 2:13:48 PM

Saturday, October 31, 2009 2:13:48 PM

Post# of 749756
Try dividing $25,000,000,000 by 1,700,000,000 shares to get possible effect on commons. Of course, this would be the case if the subs were SOLD for $25 billion, then corporate taxes would be paid by WMI. The full $25 B would not hit the bottom line. Fair market value of $25 billion is not reflected in the GAAP financial statments. The FS reflect cost of the subs, not FMV.

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