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Re: DudeBug post# 131728

Thursday, 12/31/2009 2:44:22 PM

Thursday, December 31, 2009 2:44:22 PM

Post# of 749756


This is why I think the payment of the 3.9 billion of Cayman preferreds well be in limbo until the Court decides if the receivership was lawful and necessary - which is what caused the exchange to WMI depositary shares to automatically happen.



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