Replies to post #2523 on Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[Lawrence 147]

Alright this must be the security that was subordinated to Preferred level and Washington Mutual (T)rust (P)referred must be a different (S)ecurity.

I do agree with you that this is most likely what is left over to pay out at this time but I also think CWG is on to something that they will take their time paying off the contract rate and that they will do their best to take this to zero. Hence the reason I went with the 50% option, leaving only the question of if or when they will make a share distribution.
Though I am less than 40 miles from the mailing address I have not received a letter; so in reality I have no idea what is going on and am guessing.
By the way I am sure there are some you do not speak for and they will never forgive me no matter what you say.

[Lawrence 147]

Alright this must be the security that was subordinated to Preferred level and Washington Mutual (T)rust (P)referred must be a different (S)ecurity.

I do agree with you that this is most likely what is left over to pay out at this time but I also think CWG is on to something that they will take their time paying off the contract rate and that they will do their best to take this to zero. Hence the reason I went with the 50% option, leaving only the question of if or when they will make a share distribution.
Though I am less than 40 miles from the mailing address I have not received a letter; so in reality I have no idea what is going on and am guessing.
By the way I am sure there are some you do not speak for and they will never forgive me no matter what you say.