Washington Mutual Preferred fka WAMPQ

[clawmann]

GPG: my understanding is that we are going to opt for the $6 bil in NOLs because the restrictions on the use of those will be far less strict than those on the $17 bil. What good are $17 bil in NOLs if the restrictions are such that they would be very hard to take advantage of except over an extremely long time frame? I would think the net present value of $6bil of fairly unrestricted NOLs would be higher.