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JohnnyWinter

11/06/09 1:40 PM

#118745 RE: linda1 #118744

wamuq, wamkq, and wampq are indeed equity and IN FACT are not debt.

Also, the wamuq ibox states "The following screenshot is from WAMUQ Ch11 filing in Delaware. It shows that the company anticipates having enough funds available for

unsecured creditors, i.e Shareholders. " which is more than misleading as shareholders are NOT unsecured creditors.


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Dragynn

11/06/09 1:53 PM

#118750 RE: linda1 #118744

Linda, the simplest answer might come from the MOR's, not that it's completely telling, as they are STILL having to do some guesswork, as the FDIC seized documents that were necessary to do a proper accounting and gave them to JPM who refuses to release them (something to hide?).

Here is the link to the latest MOR, in a simple HTML doc at the SEC, so it's not as difficult as the PDF to deal with.

http://www.sec.gov/Archives/edgar/data/933136/000090951809000754/mm10-3009_8ke991sep.htm

Hope this helps! To me it seems pretty clear, just the 4 billion alone puts the balance sheet green.