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Post# of 111144
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marayatano

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marayatano

Re: basha post# 13139

Tuesday, 08/28/2012 12:45:17 PM

Tuesday, August 28, 2012 12:45:17 PM

Post# of 111144
Well, Basha, Wamu Capital Trusts have received ZERO so far even with a guarantee. So what you said is incorrect, not everyone in Wamu received something.

Right now Wamu Cap trusts' distributions are being reallocated to Senior creditors. So that Guarantee is WORTHLESS. Get it?

Once the senior creditor is paid in FULL, then it will flow to Wamu Cap trusts.

imo
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