Replies to post #29502 on Washington Mutual Preferred fka WAMPQ

[GO4AWILDRIDE]

HROLLER

Would ROSENPUKE try to excluded the P's & K's by backdooring money to TPS by JPIG assuming the TPS at the expense of us?

Something to consider.

Remember if TPS gets money they are not going to care if we get some as well.


GO WAMMMMUUUU

GO SUSMAN

GO EC

[knick]

Thanks for clearing that up for me.

[YEE]

I agree

JPM settles with TPS (in court) = settles with P and K

But a possibility JPM settles with TPS under table and get them away from the negotiation table means Rosy's plan to wipe Equities can still move ahead ......

[WithCatz]

I believe that's incorrect Hroller.

Anybody, including JPM, can buy-out TPS and of course, if JPM does that, they aren't going to sue themselves (as they take the place of TPS).

The whole class thing is only when WMI (Debtors) are paying off someone.

JPM can buy out TPS without being required to do anything for K/P's.

What that DOES do, however, is remove the possibility of TPS being "ahead" of K/P's...

See: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56972955