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brembo

10/02/09 4:48 PM

#105834 RE: testdaduda #105833

Yes, this is a realistic outcome. I believe the conversion rate was 1:114? I might be mistaken though.
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Jestiron

10/02/09 4:59 PM

#105839 RE: testdaduda #105833

In a settlement I would assume that anything legal may be an option. I do not; however, believe they (JPMC) will "make" WAMPQs convert to Common; however, it may be an agreed decision to do so if it benefits us or is deemed acceptable.

Dividends for the WAMPQs are in question on this board. PQs are NOT cumulative and are not "accumulating" while we wait. (see link below) I believe that suspended divvy payments for this timeframe will be paid by JPMC/FDIC as a result of their heinous actions against WMI. Point is....converting to commons for whatever reason shouldn't affect the divvy payouts because they are not being paid anyway.

Reference: (go here and enter "WAMPQ" for divvy info)
http://www.quantumonline.com

PS. I assumed you meant 1(P) = 125(Q), right?

Good Luck to you!
AJestir