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Re: steelheader7 post# 353057

Wednesday, 12/21/2011 4:35:32 PM

Wednesday, December 21, 2011 4:35:32 PM

Post# of 734460
Reorganized WMI will be capitalized with $75 million in cash, a $125 million credit facility, and other assets. What could other assets be? From 7 DEC 2010.
Potential assets of the estate.
Preference claims: 150m
Intercompany receivables: 22.5m
American savings litigation: 55m
Anchor savings litigation: 350-500m
TPS shares: 4b
Fraudulent conveyance July 08: 2b
Fraudulent conveyance Sept 08: 500m
Fraudulent conveyance 07-Apr 08: 4b
Tax refunds: 5.54b
Intercompany loans: 180m
Deposits: 4b
Cash on hand: 900m
D&O Ins claim: 238-500m
Pension plan: 36m+
Visa shares: 140m
BOL/COLI: 5b
WMMRC: 5.5b nol
Total: 33b+
I don’t think we will get the 33 plus but an unknown percentage is a possibility.
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