Washington Mutual Preferred fka WAMPQ

[mattchew]

And the addition of 5 billion to the estate via NOL?

Debtors will not
emerge from bankruptcy before December 31, 2010, the Debtors
could potentially have the full use of their approximately $5
billion in NOLs

Yes, that is a dollar sign next to the 5



How about when the Judge said this?
(committee’s expert opined that fact that the senior creditors
and management were taking stock in the reorganized company is a
“strong indicator that the company is being undervalued”).

Maybe "partially crap" would have been a better choice of words?

Fair enough. I should have said, "mostly crap."