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Re: AZCowboy post# 692855

Sunday, 07/31/2022 12:33:48 PM

Sunday, July 31, 2022 12:33:48 PM

Post# of 734552
AZCowboy, thanks for your thoughts. I think even if the WMIH Preferred Managing Sub does NOT show any relevant cash (as you stated), the Preferred will get paid from some other fund/mechanism. The Hedge Funds and Underwriters are not stupid. This is what they do for a living. They know where the money is and wouldn't have invested in preferred, if common was the big winner. In addition, they have been hiding these assets for almost 14 years. I'm sure they can hide the preferred funding just as well...

Oh well, time will tell. Good luck to all.

JMHO
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