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linda1

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linda1

Re: marayatano post# 2352

Thursday, 04/01/2010 5:10:54 PM

Thursday, April 01, 2010 5:10:54 PM

Post# of 3026



Subordinate Claims are in a Class lower than the WMI Capital Trust and so they can't be the lowest form of debt.


I also meant to say Subordinate and not Junior.


"I happen to think that the WMI Capital Trusts were in a Class of their own because they were a Subordinate Claim with a Guarantee."
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