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Re: Texas-Rick post# 121499

Friday, 11/20/2009 3:19:35 PM

Friday, November 20, 2009 3:19:35 PM

Post# of 749756

I am informed by Sculelos that there were no common shareholders of WMBANK and that the article is referring to WMI common shareholders.


Since the article does not actually say common shareholders but rather equity holders it could refer to preferred shareholders of WMBANK if there were any.


I does not make sense to me that FDIC would be referring to WMI common shareholders since WMI was not part of the receivership.

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