Replies to post #18135 on Washington Mutual Preferred fka WAMPQ

[regulus]

If there is no liquidation then the business BOD is supposed to declare dividends to be paid.

BK relieves the BOD of this obligation.

liquidation may be the best course of action.

Only in the event of a conversion to chp 7.

The prospectus provides for fundamental changes and valuation consistent therewith. Check it out.