Replies to post #2973 on Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[Rumble]

I concur on both points td.

Scottrade has fixed my account; reversing interest previously paid on JR note; replacing it with PIK notes. Now I have cash paid for interest on Sr notes. Both payment amounts are at 1/4 of the 13% rate, as I expected.

And yes, the amounts showing in our account correlate to a $1 par value. However, when looking at quotes you should still see them quoted on a $100 par value equivalent.