Thursday, April 27, 2017 11:56:49 AM
Usually, preferreds are safer because they are higher in the "pay-off" if anything goes wrong. They also usually have better terms in the company charter.
In the case of the GSEs, however, the preferreds have practically the same level of risk as the commons. The ONLY way that the junior preferreds would benefit over commons is if the companies wind up, meaning they no longer exist, and the money acquired from selling off all the assets is enough to pay off all of the debts and senior preferred share liability.
HIGHLY unlikely situation.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM