InvestorsHub Logo
Followers 3
Posts 268
Boards Moderated 0
Alias Born 01/27/2020

Re: FranklinC post# 610816

Tuesday, 02/04/2020 3:52:49 PM

Tuesday, February 04, 2020 3:52:49 PM

Post# of 730259
Further more.. (I just can't quit you WAMU)

This is how I see the subs.. as a Trust Fund.

Think of WMI as a trust fund kid, living on the streets. Lets call this kid WAMUQ. He blows his quarterly payments on smack. You can sue WAMUQ for all he's worth, which is only a few bucks in his cup. The second WAMUQ gets out of court, those beneficiary "participation" payments resume. Because the Trust Fund is untouchable.

WMI wasn't blowing the payments on smack but, the Trust is untouchable.

The silence is deafening. And a bit scary.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News