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linda1

01/25/12 1:44 PM

#6316 RE: philipmax #6308



Art did quite strongly argue that JPM should have attained the liability of the LTW Holders in the GSA sale of the Anchor Litigation.






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linda1

01/25/12 1:47 PM

#6317 RE: philipmax #6308




Not necessarily only the fifteen percent. Once the warrants were exercised and the Common Stocks, other Securities or Property were purchased with the Net Recovery, then that money went back to WMI.