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jerrylev

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jerrylev

Re: boarddork post# 568577

Saturday, 04/06/2019 3:49:21 PM

Saturday, April 06, 2019 3:49:21 PM

Post# of 734762
Re: P's get their portion from the ABS trusts underwriting it.

Q's get their portion from the ABS trusts underwriting it.



Holy cow! Even common has trusts to back it.

Can you name me ONE, just ONE, trust that backed Preferred when WAMU was still alive, let alone common.

Name me ONE trust that backs preferred or common of ANY stock that is still currently trading.

Is COOP common backed by any trust? Name me ONE.
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