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AZCowboy

12/06/20 10:31 AM

#640801 RE: hexson #640799

~ Judge Walrath Needed' To Cap' The PIERs', Pay Them Off, and Separate Them From The Plan 7' Reorganizations Recovery, In Order To Release Their Original WMI Capital Trusts Debt Support' ~

the 2% of $1,150,000,000.00 in Cap Trust Debenture Support was the 23,000,000

... The PIERs Had Originally Been Supported by a $1,150,000,000.00 WMI Capital Trust "Debenture" Support' ... That financial debt support carve out of the WMI Capital Trust', needed to be released' ... the best way to release the piers debt support, was to Cap Them, and then Pay Them Off' ...

... The WMI Capital Trust was not part of any of the plans submitted, and not part of WMI BK's, ... and also' ... as stated in the Plan's "Disclosure Statement" was not considered to be one of the WMI 33 Non Banking Subsidiaries' ...

AZ

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BBANBOB

12/06/20 12:05 PM

#640805 RE: hexson #640799

HEXON

what is even more important is to ASK why every issue here that was CAPPED in the BK WAS SPELLED OUT AS BEING CAPPED!!!!!!!!!!!!!!!!!!!!!!!

YA ever hear anything about the P's K's commons being capped? ANYWHERE IN ANY OF THE DOCS

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