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muyuan51

09/10/15 9:35 AM

#434847 RE: tcr7309 #434827

I know it's so hard if paraphrasing to be honest and cite the sentence in full, of course that depends on your agenda .... anyhow I'm a nice guy and will help you:

"... Current information indicates that the Receiver is unlikely to have sufficient funds to distribute to holders of receivership certificates issued to junior note holders or equity holders of WAMU."

https://www.fdic.gov/bank/individual/failed/wamu_settlement.html

Btw, I REALLY DO LOVE MY ESCROWS !!

muyuan51
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hotmeat

09/10/15 9:23 PM

#434899 RE: tcr7309 #434827

Still not a 100% definitive assertion that they will not be paid. Quite different from them stating " Jr's and shareholders "WILL NOT" receive any payouts from the estate.