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Re: hestheman post# 220292

Monday, 07/12/2010 1:26:43 PM

Monday, July 12, 2010 1:26:43 PM

Post# of 730542
I remember reading someone's theory that the comment was made in reference to WAHUQ shareholders and their $36/share settlement. If this is accurate I think it would make the most sense because it would indicate that the meeting in chambers not only sealed our fate for the appointment of an examiner but also demonstrated that there is sufficient money in the estate to put assets over liabilities and/or a significant value on the assets that were wrongfully conveyed to JPM sufficient to payoff creditors and equity classes. Moreover, it would be a major motivating factor for the parties to meet today and discuss a settlement immediately.

Any thoughts?

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