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zeus_0100

Re: BBANBOB post# 401830

Friday, 07/18/2014 2:32:32 PM

Friday, July 18, 2014 2:32:32 PM

Post# of 733507
I have always said that the key to understanding what's to come is this very fact. CAPS on PIERS, then a 75%-25% divy between preferreds and commons, with NO CAP on PREFERREDS. Think about it, that's the ONLY way commons could have a real fair and reasonable recovery! With NO CAPS on PIERS and CAPS on facevalue for preferreds, and no 75%-25% divy, commons would have been out in the cold.
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