Thanks Boris.
I will not tempt myself to do valuations, but I can give you the following considerations:
- WM Capital Trust 2001 needs to be wound down after "final liquidating distribution" according to the POR 7
- an x percentage ownership of the principal value And interest of 80+ billion in refinanced MBS, 20+ billion in liquidation value of MBS trusts, minus losses of possible replacement of defunct MBS mortgages
- possible FDIC proceeds after payment of DB and Bondholders, also Libor litigation proceeds or possible payment from JPM for WMB and its assets