Consequences if the Conversion of Preferred Stock and Exercise of Warrants to Purchase Shares of Common Stock is Approved, page 19
23. In addition to your disclosure regarding the percentage of shares to be owned by TPG Investors, please disclose the approximate percentage of shares that will be owned by the Institutional Investors after conversion of the Series S preferred shares and assuming full exercise of the B warrants. Please also disclose the total number of shares you assume to be outstanding in calculating this percentage.
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"Texas Pacific Groups" (the bonderman) commons, arriving Pre the WMI Chapter 11 Filing in May of 2008' ... were "Deregistered" in October of 2008' ... however, used at the Reorganizations releasing Common Share numbers to achieve (secure) the 2/3rd's necessary ... the following was SEC Filed on 10/23/2008' ...
DEREGISTRATION OF SECURITIES
"A Registration Statement on Form S-3 (Registration No. 333-150629) was originally filed with the Securities and Exchange Commission on May 2, 2008 by the Registrant. The Registration Statement registered the resale by certain selling securityholders named therein of up to 605,439,997 shares of the Registrant’s common stock and up to 36,642 shares of Series S Contingent Convertible Perpetual Non-Cumulative Preferred Stock (together with the common stock, the “Securities”). The Registrant is filing this Post-Effective Amendment No. 1 to the Registration Statement to withdraw from registration all unsold Securities previously registered for resale under the Registration Statement."