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linda1

12/14/11 3:05 PM

#5084 RE: jmbell42 #5083



In addition, Class 16 - PIERS - are only expected to receive 9 % - about $ 70 M - under the Seventh Amended Plan, and yet the lower ranked Equity Interest Classes are to receive $ 190 M.


This would violate the APR and is why I wonder if the $ 190 M in New Securities isn't a gift from the SNHs.