~ Yes Schwab Is, A Direct Provider, So Their Information Is Correct and Accurate ~
Your Original “P” Security’s would be “Fixed Income”, ... purchased on the Secondary Market ...
On September 26, 2008, the Company issued a press release announcing that an “Exchange Event” had occurred under the applicable documents governing the preferred securities (the “Securities”) of Washington Mutual Preferred (Cayman) I Ltd., Washington Mutual Preferred Funding Trust I, Washington Mutual Preferred Funding Trust II, Washington Mutual Preferred Funding Trust III and Washington Mutual Preferred Funding Trust IV. In connection with the Exchange Event and in accordance with the terms of the documents governing the Securities, the Company effected an exchange (the “Conditional Exchange”), effective as of September 26, 2008 at 8:00 A.M. New York time, of the Securities into depositary shares representing a like amount of preferred stock in the Company.
And direct from the relevant document, ... “depository shares representing a Like amount” ...
FORM 8-K Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 30, 2008 (September 26, 2008)
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