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Re: highwaymap post# 89701

Tuesday, 07/21/2020 1:45:55 PM

Tuesday, July 21, 2020 1:45:55 PM

Post# of 111181
Yes, that is exactly the point. Only I think NB preferreds also got deferred dividends.


Isn't that the point? The CTs are not subordinate to equity of LBHI or any of its subsidiaries ala Neuberger Berman and a few other subs. They redeemed the preferreds of NB. That is the waske argument. No?