proposed plan of reorganization for wamu says the preferred can only get 0~4%? of the face value. Face value of the K is 25..so..0 to 1 dollar is the most we might get based on POR..but lots ppl here disagree because of lots reasons.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.