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NJ_TOAD

11/18/09 10:51 AM

#4608 RE: stockbum9 #4606

I dont have time to read right now)) urgh
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Ranb2khz

11/18/09 11:00 AM

#4611 RE: stockbum9 #4606

[edit]
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coach tequila

11/18/09 11:12 AM

#4615 RE: stockbum9 #4606

Thoughts on State of the Estate...

Balance Sheet thru June 30, 2009 will be out week of Nov. 30, 2009.

"Modest appreciation in Illiquid Assets appears likely"!! This is the majority of the balance sheet...

Unfunded Commitments have been reduced by $24B or 65%.

Bank Platforms have stabilized and significant recovery is likely from that assets category.

Reorg Plan outline should be ready by end of 1st Qtr 2010.

Examiner's report due February 1, 2010.

Coach T