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Re: rattlewatch post# 118707

Friday, 11/06/2009 12:49:18 PM

Friday, November 06, 2009 12:49:18 PM

Post# of 730089
"...along with fair value for its 100% share ownership of the banks. "



Creditors of the bank come before shareholders (aka "owners") of the bank.

Just like in this case, the creditors of WMI come before shareholders (aka "owners").

Until the bank creditors are paid, the shares in, and "ownership" of, the bank are completely worthless.

Numbers don't lie, people do.

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