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Re: marayatano post# 24926

Thursday, 07/22/2010 1:21:29 PM

Thursday, July 22, 2010 1:21:29 PM

Post# of 42851
The examiner's findings will be in line with the findings of the PSI and DOJ which will show that many of WaMu's loans (which were classified as "assets", "assets" whose value was over-reported by WaMu) were fraudulently originated , and if the true value of the "assets" were actually reported, then it would have been clear that WaMu was indeed in the red. They owed more than they were worth, even though they said that they were worth more than they owed. The absolute most you will get for your WAMPQ shares is 10 bucks. Nothing will change that.

The DS/POR is not dead, there have been no other plans put forth, and the debtors' DS will get approved as will their POR.

Also, did you happen to hear the TRUTH about the NOLs/refunds (like I have stated in the past) during the most recent hearing???


Have a nice lunch!

Numbers don't lie, people do.

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