Dime Bancorp Inc (fka DIMEQ)

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Cd NOL - The way I understand it most of the 17 billion in NOL's were attributable to the bank and remain with it. The bank WMB is not part of the new WMI and much of the nol's are lost. I don't know the number that is left but the "value" added to wmi's enterprise value is not huge < 50 million if I'm reading right. I am not an expert and could be wrong.

In addition to the foregoing, the Bankruptcy Court determined, pursuant to the September
Opinion, that the present value of the projected income stream from the runoff of the existing portfolio of
WM Mortgage Reinsurance Company, Inc. (“WMMRC”) (the entity that will be the sole operating
subsidiary of Reorganized WMI), excluding any value attributed to potentially available net operating
losses (“NOLs”), is $140 million. (Id. at 43-45.) The Bankruptcy Court further determined, in the
context of the Modified Sixth Amended Plan, that the total enterprise value for Reorganized WMI
(inclusive of both the projected income stream from the runoff of WMMRC’s existing portfolio as well as
potentially available NOLs), is $210 million (id. at 62).