So for 24K now you could possibly get 77K per year until given a million dollars?!? Hummm Seems worth the RISK to me...Oh wait, I'd bought before on many possibilities. I saw this in another one of your posts... "unsubstantiated rumor that the May settlement saw preferreds at 65% " I never heard that or any rumor. I do expect one last 'shakeout' but we might POP before that. I expect DIMEQ to cause a drop in all the other WaMu classes if they win, which I think they will. Then I'd look for a quick DIP and then those would probably LOAD UP and cover then within a few days the IT settlement details will come out and I'd expect it to better than where we are now.
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