Washington Mutual Preferred fka WAMPQ

[gold-nugget]

thats what Preferreds stocks are ---
No matter what anyone states --- Preferred are a class ABOVE the commons and must be fully paid BEFORE commons see .01...
Preferreds ARE in the money !! look at what the examiner stated -- he also blves as well --

Preferreds will not take a haircut so commons get some change - it wont happen in any scenerio as it will draw a new problem in ALL Securities that are PREFERRED in the industry! - I checked with my attny and a security attny.. and both confirmed it with me...

and that is why we are class above the commons or they would put us in the same class of commons if these rules/stipulations didnt occurred...



imo