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WithCatz

02/19/12 1:21 PM

#364069 RE: eighty #364068

eighty -- that's basically right. And that $200m is partially reduced by the corresponding $130ish million in the loan against the run-off insured notes, etc. So it's technically $70m + NOLs. With the additional $130ish million in a loan backed by the run-off value. {That loan being non-recourse}

...Catz