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TWACOWFCA

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Re: philipmax post# 5070

Tuesday, 12/13/2011 10:03:27 PM

Tuesday, December 13, 2011 10:03:27 PM

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Phillip, You may be double counting. The way I read the plan, WAMU stockholders get 30 % of the new stock unless we are deemed to be equity. Then, they have to split that 30% equally with us, giving us 15% of the reorganized Debtor.
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