Replies to post #27914 on Washington Mutual Preferred fka WAMPQ

[newbie65]

what exactly does that mean? does it mean if we dont find another 500M then we r out of money?

[xnxsxx]

............... hmmm

[gophilipgo]

EDIT: Nevermind. The examiner basically states he agrees...

You're jumping to conclusions. You forgot to include this: "Pursuant to the Proposed Plan and Settlement Agreement"

That portion is restating what we already knew. However, I agree that report isn't good from what I've read so far.