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Post# of 729793
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rramirez82

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rramirez82

Re: thepennyguy post# 134858

Friday, 01/08/2010 1:54:11 PM

Friday, January 08, 2010 1:54:11 PM

Post# of 729793
While we're on the subject, I have a valuation question for anyone willing to provide meaningful feedback.

Up to now, we've based our settlement estimates on a lump sum settlement flowing down to commons - yielding a conservatively estimated $12+ recovery for the UQs. What can we gauge the commons to recover if thepennyguy's scenario plays out and the Ps and Ks are converted to JPM preferreds? What metrics can/would we use to estimate?

MAKINGMOVES

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