Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[hurtrhino]

Where did you come up with that? You mean the Debtor can decide on their own who they should pay here by putting it on the MOR? That is not correct. Senior (or secured debt) will be paid first, then whatever is left over goes to the unsecured, then whatever may be left over goes to equity. You can see that further if you read some of the legal bankruptcy billings where they discuss waterfall analysis. This is the monies that may come in and then the order in which they get paid. Too bad we can not see this piece of work!