Thursday, April 04, 2019 2:43:15 PM
Which commons are you talking about? COOP common or WAMU old common?
Of course I am talking about Old common shares
If it is COOP common then it will go up on its own merit but it has nothing to do with WAMU assets.
Yes,we been thru that before we are talking about performing trusts interest which are specific to each class.
If it WAMU common then 20B is not going to return $10 - $20 per share.
I said there's got to be at least $20B.
Again we know $20B / 1.2B shares = ~$8 per old preferred share.
And by the way, show me one case when preferred continue to receive dividends after bankruptcy?
Go read AZ posts. These trusts have been generating interest since their inception 2008?? Demon and Bair miscalculated the tenacity of WAMU's executive personal which was able to hide the sausage before FDIC could get a firm grip on it..
And why there are assets outside of WMILT and yet Alice filing within WMILT can delay the distribution of "other assets"?
I never said that, I think someone else said they could potentially use that or anything else to keep holding the waterfall in case they need more time for whatever event they are preparing for.
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