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martingale

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martingale

Re: None

Sunday, 09/28/2008 4:07:27 PM

Sunday, September 28, 2008 4:07:27 PM

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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32471812

On the surface of this it looks like AIG is going to raise funds thru a preferred share offering without a vote from the shareholders. This bodes well for AVF as the key thing of course is the payment of the interest on these bonds. No doubt the preferred shares will get some sort of dividend payments.
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