Washington Mutual Preferred fka WAMPQ

[steved_45]

100% agree, but we don't need an examiner to tell us that do we? Maybe we do...so that the examiner can legally conclude that the NOL's can't go to JPM as a matter of law?

Maybe I'm just being cynical but I have this feeling that the examiner isn't/won't be our savior. I think it will come down the the NOL's. Keep in mind the news of the NOL's is what propelled the pref's back in December to the 10% fv level.

But that's why I asked about an example if historically examiner's have significantly elevated the value of an estate in a BK case. If anyone has heard about one in a different board or anywhere else I think we all would benefit.

Steve