Replies to post #42770 on Washington Mutual Preferred fka WAMPQ

[radiumsoup]

zero until such a time as the liquidating trust is able to pay equity (if at all)

Expect nothing from the liquidating trust right now - if things go well for the cancellation of unsettled claims, there *may* be enough cash to hit those interests, and the amount you'd get paid would depend on how much cash the liquidating trust has on hand at that time. At any rate, it probably won't happen for at least several months - we still have to adjudicate the pending claims, and then the liquidating trust will still have to pay the remaining creditors who aren't yet made whole.

If things do not go well for canceling unsettled claims, we will not see a dime from the liquidating trust.