Washington Mutual Preferred fka WAMPQ

[BullNBear52]

The judge allowed the EC in only as a 3rd party to the suit. Common shareholders in reality are the low man on the totem pole in a BK proceeding.

I went round and round with some Wamu shareholders on the JPM board here. I pointed out that at the end of the day they would not see a dime out of the suit.

I also pointed out that I don't own either stock. So the basher stuff is rather funny.