Replies to post #30993 on Washington Mutual Preferred fka WAMPQ

[Kristallweizen]

If I understood correctly the judge said yesterday that valuation of the estate is still an open issue. Can anyone confirm?

[gold-nugget]

I BLVE THE PREFS WILL BE OFFERED AN AMOUNT FOR THE RLSES.. I BLVE THAT AMOUNT WILL BE 50% OF VALUE. ABOUT 3.5B WHICH THE TAX REFUNDS AND SOME CHUMP CHANGE THAT THE FDIC/JPM WAS GOING TO GET---

THIS WILL ENTICE THE PREFS TO VOTE FOR IT AND LEAVE THE COMMONS 3.5-4 BILL OUT OF THE MONEY ----