Washington Mutual Inc pfd K (fka WAMKQ)

[marayatano]

You should read the below that states different. I would hate to see you be misled with wrong information. If you feel that the below is incorrect, please let me know which portion you disagree with. Thanks.

"Section 2. Ranking. The Series R Preferred Stock will, with respect to dividend rights and rights on liquidation, winding-up and dissolution, rank (i) on a parity with the Series I Preferred Stock, Series J Preferred Stock, Series K Preferred Stock, Series L Preferred Stock, Series M Preferred Stock and Series N Preferred Stock and with each other class or series of preferred stock established after the Effective Date by the Company the terms of which expressly provide that such class or series will rank on a parity with the Series R Preferred Stock as to dividend rights and rights on liquidation, winding-up and dissolution of the Company (collectively referred to as “Parity Securities”) and (ii) senior to the Company’s common stock (the “Common Stock”), the Company’s Series RP Preferred Stock and each other class or series of capital stock outstanding or established after the Effective Date by the Company the terms of which do not expressly provide that it ranks on a parity with or senior to the Series R Preferred "

http://www.sec.gov/Archives/edgar/data/933136/000095013407025552/v36537aexv4w1.htm

So basically, WAMKQ and WAMPQ are both preferred stock with the same rank in seniority.

Just my opinion.