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the EIU, and Standard & Poor's Industry Surveys. CONFIDENTIAL I WTAS LLC 17 EFTA00307412 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie so, 2011 HOUSING MARKET Since 2008, the subprime debt crisis has placed downward pressure on economic growth as significant losses from subprime l
keTylOtyll. IlbCilktr) ette seti“. tig elacilkny St*. ElbekB011 borm wne. Ihe Illackbery Teut. DIWILITRIT Mfl •0•01. 444 OuLl44114461IP1/184•L bbc.. Theuxquay's BLwlOasy becipme 1011114111 wurm. RIal.B4n3 culensudlakar. BbeLBan anaquaescium CNN libaBalo " 4 9494 494493 10411Lmal BL:10ary 44^1,93 Ia asAndu
the EIU, and Standard & Poor's Industry Surveys. CONFIDENTIAL I WTAS LLC 17 EFTA00307311 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie so, 2011 HOUSING MARKET Since 2008, the subprime debt crisis has placed downward pressure on economic growth as significant losses from subprime l
keTylOtyll. IlbCilktr) ette seti“. tig elacilkny St*. ElbekB011 borm wne. Ihe Illackbery Teut. DIWILITRIT Mfl •0•01. 444 OuLl44114461IP1/184•L bbc.. Theuxquay's BLwlOasy becipme 1011114111 wurm. RIal.B4n3 culensudlakar. BbeLBan anaquaescium CNN libaBalo " 4 9494 494493 10411Lmal BL:10ary 44^1,93 Ia asAndu
the EIU, and Standard & Poor's Industry Surveys. CONFIDENTIAL I WTAS LLC 17 EFTA00307210 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie so, 2011 HOUSING MARKET Since 2008, the subprime debt crisis has placed downward pressure on economic growth as significant losses from subprime l
keTylOtyll. IlbCilktr) ette seti“. tig elacilkny St*. ElbekB011 borm wne. Ihe Illackbery Teut. DIWILITRIT Mfl •0•01. 444 OuLl44114461IP1/184•L bbc.. Theuxquay's BLwlOasy becipme 1011114111 wurm. RIal.B4n3 culensudlakar. BbeLBan anaquaescium CNN libaBalo " 4 9494 494493 10411Lmal BL:10ary 44^1,93 Ia asAndu
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