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Re: Sculelos post# 135717

Monday, 01/11/2010 11:22:51 AM

Monday, January 11, 2010 11:22:51 AM

Post# of 749756
"Bondholders and Secured Creditors would take a major haircut", which is why WMI will probably delay it. Obviously they don't care about equity. But Weil isn't in this to piss off creditors and bondholders.

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