Replies to post #4177 on Washington Mutual Inc pfd K (fka WAMKQ)

[etzetrade]

I am not saying is bad. I am saying is that "pref. might not guranteed 100% if commons are not paid." 100% is the point, and it is really depend upon Debtors mercy, might be 100%, 90% or wipe you out INdirectly through CVR.