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wamugold

04/19/17 3:41 PM

#476496 RE: mattchew #476483

Those assets are from 2008 and we have been in bankruptcy for more than 8 years now. What makes you think those assets are still there after all this time has passed? How do you know those assets have not sold just like Washington Mutual Headquaters in Seatlle which got sold in a rush for a mere 112M in 2009 just to be sold 3 years later by Russell Investments for almost 500M for a nice hefty profit. JPM just gifted there 400M and that's just one example. How do you know if any assets left did not suffer the same fate and were given in fire sales for nearly nothing. Those assets that you imagine they still have could be long gone by now. No asset list have never been public not even during bankruptcy so I fail to see how you are so sure the assets are still there. You are just speculating or "assuming" there are still assets but in reality you don't know squat.. Am I wrong??
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MadBadger

04/19/17 4:17 PM

#476498 RE: mattchew #476483

Matthew, do you which of the notes are due in 2017 are those the class 19 preferred?