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Re: JohnnyWinter post# 206535

Friday, 06/04/2010 11:53:10 AM

Friday, June 04, 2010 11:53:10 AM

Post# of 734762

That valuation filed by Dr. Sankarshan Acharya fails to mention the FACT that tens and tens and tens and tens and tens and tens and tens and tens of BILLIONS of dollars worth of assets were complete JUNK and the FACT that the reported "assets" were completely over-stated.



That is the charming factor of the valuation by Dr. Acharya:

His valuation is based on the publicly available information from JPM.

No overstating, no possible junk assets. Just the recent cashflow generated from former WMI assets.

"You should have settled with WMI in spring 2009 and you should do it now. Things could get a lot more difficult for you."

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