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Post# of 735992
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Re: jerrylev post# 543798

Wednesday, 10/24/2018 12:08:24 PM

Wednesday, October 24, 2018 12:08:24 PM

Post# of 735992
I'm still waiting for anyone to post an excerpt from a PSA or other Trust document that shows Commons or Preferred (PQ or KQ) were ever backed by any Trust. Never mind that the Prospectus's for the Preferred stated clearly that they all, even Commons, were not directly supported by any Trusts whatsoever. With all the supposed ""study"" of these documents that is purported this should be easy to prove yet it's never done. Why would that be!?!

25.2 Cancellation of Common Equity Interests:.., on the Effective Date, ALL Common Equity Interests shall be deemed extinguished and the certificates and ALL other documents shall be deemed cancelled.

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