Washington Mutual Preferred fka WAMPQ

[marayatano]

I think they will get "something" based on the current POR. There is always something that was "found" or "recovered" assets while in the liquidating Trust.

On the other hand, if EC can put their POR out, that would be better, but it is hard considering all the unknown and disputed known assets out there.

One good thing though, Judge Mary didn't rule on the FJR vs. contract rate. IMO, she is reserving that as her "punishment" card towards the creditors/debtors/JPM/FDIC.

If Rodent keeps up the "games," I wouldn't be surprised if Judge Mary forces a cramdown on the H puts the preffereds in the money.

IMO