Washington Mutual Preferred fka WAMPQ

[gophilipgo]

Ah, I perceived the loan as not being of the "death spiral" financing type, but I too, am not an expert on that, so I will trust your word and the word of others in the know.

If in fact it is, and I have no reason to doubt you, then we absolutely, positively have to get this changed. I've been invested in companies with "death spiral" financing before, and never once has it ended positively for shareholders. Frankly, if we don't get such provision removed, I'll feel very, very uneasy holding my shares.