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REALtime64

03/18/10 11:09 AM

#176405 RE: climberprof #176377

love this part....In other words, these two tax refund assets alone give WMI's shareholders $3.8 to $4.2 billion in equity, more than enough to satisfy the obligation to the preferred shares ($3.4 billion) and start returning value to the common shares.

http://wamuequityrights.org/index.php?option=com_content&view=article&id=4&Itemid=6