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Re: follow_me post# 600146

Monday, 12/09/2019 10:01:39 PM

Monday, December 09, 2019 10:01:39 PM

Post# of 728272
Common sense dictates you and your posse are definately on the right path! Lets do some basic math here shall we. I believe there was around 10M preferred shares maybe less at $1000 for a total of $10B and around 1.5B common shares at $40 for a total of $60B when the bank was seized. There was a court judgement in favor of all WAMU shareholders and clearly common folk own the bulk of the company. However you believe $30K per preferred is low and should be $60K per preferred share instead since preferred allowed commons to get a piece of the pie according to you. I think you are onto something .... or maybe your mental faculties are deviating just a bit!!
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