Toscafund must feel or found that common stock is worthless, he want to dump them, but sorry, company and court will definitely restricted the transfer.
At least $1B for B.K processing cost, $8B liabilities, $8B preferred stocks need to be paid first,$14B unsecured bondholders of WMB are starving. then how much will be left for common? They live on the rumor,so called hope the buyout will come to save them?
Get into upper level to be saved: WahuQ and WamPQ