InvestorsHub Logo

goodietime

02/23/17 1:53 PM

#472554 RE: boarddork #472522

board, "The Preferreds would NOT have the rights to the majority of waterfall excess in any BK, if there are enough assets to reach commons. And through WMIIC and MBS income participation, there is."

Wasn't this 'normal rule' SPECIFICALLY REMOVED in THIS BK?