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downsideup

06/29/12 2:40 PM

#373388 RE: WithCatz #373386

OK. Thanks.

So, then, other than trying to extract some value from the losses through a sale of WMIH to someone who can use them, that leaves the question here being... what are they going to do with a $125 million line of credit and...

Hmmm. What else is there in the way of useful assets, management, focus and a business plan... that justifies the $125 million line of credit.

What does WMIH "do" now ?