Replies to post #39023 on Washington Mutual Preferred fka WAMPQ

[dale45]

commons should have gotten nothing.

[NASCOW]

more like 200 shares for the "One" Preferred would be the more "reasonable" of F&R

[zulual]

If Pref to common is 95% to 5%, anyone can tell me whether it's fair of unfair? Why?
If Pref can be paid $800.00 and rest unpaid + 3 years div to be counted as 95% in Newco, than it's F&R.