News Focus
News Focus
icon url

jhdf51

02/23/10 10:57 PM

#153579 RE: P0ppy #153575

The worst case? Common gets wiped out.
icon url

Ace45

02/23/10 11:04 PM

#153581 RE: P0ppy #153575

No, while unlikely due to the EC.... All equity could be canceled. This is a BK. WMI and the Courts first obligation is debt then equity. Preffered shares get payed before commons. This is most likely not a break even play. Win big or lose big.
Hope this helps.

Ace