Replies to post #31411 on Washington Mutual Preferred fka WAMPQ

[Huntewr7]

In my opinion we are in better shape now than any other time. Both JPMC and FDIC can come out good and we can get paid over 50% of face value. The hedge funds get taken to the cleaners. Not the way I would like but is a good possibility. It is better than not getting paid. We all know that they are all gulity and we should get a windfall of 100% face and a good amount for commons. Politics being what it is we stand a good chance to still make some good profit. Have P's K's and commons.

[etzetrade]

I'm new holder of H, and far behind the scene. Stupid question: how does JFR work vs another rate (I guess market rate????, not so sure). TIA