The only Commons that will be receiving divis will be our currently trading COOP Commons.
Former WAMU commons and Prefs will be paid ONLY if assets of the former Estate exist and will be in the form of lump distribution(s) according to how they are liquidated.
This divis theory is not factual but rather made up wishful thinking.
What if as LG and I have suggested and P's K's are re-issued and THEY GET PAID their interest HMMMMMMMMMMMMMMMMMMMMMMMMM
Oh and no offense meant but I will take 6.875% interest ON a $1,000 face value over a 2-3% on even a 200$ stock.
SO HMMMMM $68.75 per P and $2-$6 for commons
THE WORD PREFERRED BOBVIOULSY INDICATEs SUPERIOR in and of itself
ISN'T it BOBVIOUS HONESTLY to all that the UW's ARE NOT STUPID IDIOTS, AND have much better LAWYERS and legal advice and accounting forensics at their avail than YOU OR I DO!!!!!!!!!!!!!!!!!!!
WHy is it that logic is NOT BOBVIOUS TO ALL HERE is what has me shocked to no end