Replies to post #2063 on Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[NASCOW]

I can not help U to understand, but the explanation pretty much nullifies the substance of the letter. it hasn't the proverbial "Leg to stand on"

[lockednready]

I agree with your comments. That's why I have most if my funds here, then the Ps and then the Qs.

I have no problem if this goes lower...the more I will accumulate, like I've already started doing this past week.

However, I would love for the big launch to occur real soon.

[marayatano]

Wrong... AGAIN...Grasshoppa...

What has that to do with the letter I mentioned?


The Equity Interests cannot get paid until the PIERS are paid both the PRINCIPLE and CONTRACT RATE.


If the PIERS have to pay the difference in the CONTRACT RATE and FJR for SENIORS then likewise so will the EQUTY INTERESTS have to pay the difference to the PIERS between their CONTRACT RATE and FJR - which is about a $ 160 M difference.

You act like you own HUQ.

Step back from the trees and you will notice there is a forest... and may be you will understand...

imo