Washington Mutual Preferred fka WAMPQ

[drrugby]

R111, In a nutshell.

JPMC took the Preferred stocks from WMI and now lists them on their lists of assets to the SEC.

Conditional Exchange event occured but it really has not occured since JPM has not paid WMI or the assets or Dividends to us or others.

The way the WMI MOR states the conditional event is to occur.

IMHO: JPMC should be paying for the trusts and preferreds assets in the POR V5.

Otherwise: EC will get an Examiner which should prove Colusion and Fraudlent Conveyance.. by the FDIC and JPM.

GO WAMU..

DrR..