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Re: sidedraft post# 230

Tuesday, 11/04/2008 2:02:24 PM

Tuesday, November 04, 2008 2:02:24 PM

Post# of 42851
That's right, it clearly said:
"assets consist solely of subordinated debentures issued by Washington Mutual, Inc.".
That mean WahuQ is subordinated debt to WMI, and it will be paid off as a debt to shareholders before other preferred stocks.
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