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Re: Bizreader post# 354257

Thursday, 12/29/2011 4:26:34 PM

Thursday, December 29, 2011 4:26:34 PM

Post# of 730210
Question:


________________________________________
From: xxxxxxxxxxx@yahoo.com
Sent: Monday, December 26, 2011 4:35 PM
To: Parker Folse
Subject: Washington Mutual Bankruptcy

Dear Mr. Folse:

A quick review of the proposed settlement(POR 7) on the surface seems less than satisfactory. It seems that equity is giving up a lot in terms of releases in return for very little....especially from JPM and the FDIC. Also, is the equity committee planning on giving up their options to pursue litigation against all parties in an Article III court as recently affirmed by the Stern ruling.

I would also encourage the equity committee to be a little more open with the

prospects for the newly reorganized company. I think more than anything the lack of information is starting to become a problem.

Sincerely
Xxxxxxxxx
Shareholder in WMI Securities



Response:

Xxxxxxx, we are working on a document intended to answer many shareholder questions and we plan to release that publicly later this week.

Parker



Saw this on the Y by RP2018 something.
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