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Re: Jestiron post# 278502

Friday, 02/25/2011 8:31:54 AM

Friday, February 25, 2011 8:31:54 AM

Post# of 732136
Jestiron, Good morning and I hope you are doing well. You said "They are expecting a wipe of WAMUQ, and so am I."

I would expect if Rosie wins, his plan to cancel ALL equity would succeed. Do you actually expect if he wins to get something from the preferreds? I say this is because there is nothing normal about this case, so I feel it is all or nothing even if that means WAMUQ only getting twent five cents and preferreds fifty dollars.
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