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Re: eighty post# 371185

Tuesday, 05/08/2012 12:50:58 PM

Tuesday, May 08, 2012 12:50:58 PM

Post# of 735900
The Litigation and Liquidation trusts have almost nothing to do with the new company, WMIH, it's asset/liability ratios, financials or much of anything else.

WMIH is what emerged from the carcass of WMI/WAMU. Most assets removed, most debts cleared, all future litigation money left behind. If any such money does eventually flow to old WMI equity holders - it will do so through escrow accounts we hold.

WMIH shareprice and future now has no link to legal claims left behind in the BK process.

That being said - I would love to see a Business plan, and consolodated outlook of assets/liabilities from the Newco. We won't really know what we hold here in the emerged company until after that happens.

Don't confound the two companies - old and new - in your mind.

“The two most powerful warriors are patience and time.”
- Leo Nikolaevich Tolstoy

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