Vics, keep in mind these Hedge Funds who do this kind of investing have made anywhere from three to five billion dollars off of this (WaMu) one deal so these people are very likely candidates for purchasing preferred shares and/or people that are connected.
Raising money for this kind of deal is the easy part. All they would need to do is sell the preferred for $1000.00 per share similar to the old WAMPQ and they immediately have billions to purchase a new company, thus revaluing WMIH anywhere from $15.00 dolars a share to forty dollars a share.
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