" The positions of a holder of preferred securities and a holder of the debentures relative to other creditors and to stockholders of Washington Mutual in the event of liquidation or bankruptcy of Washington Mutual should be substantially the same."
AZ, then, as pertains to the above statement, are there other Preferred Securities and debentures who are owners of the WAMU Capital Trust OR Is the above statement referring to the WAMU P & K Series holders? Also, when it says 'Stockholders' of WAMU, is it referring ONLY to Common Equity holders of WAMU? TIA.
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