ajtj99's Market Pulse

[sandeeps]

Apparently, there is no dilution either since these are preferred shares. Banks get money and pay dividends - that's it. Apparently, they didn't have a choice. How could this be good for these companies is a big question. How could this be good for the govt is an even bigger question. In the UK, the govt got voting stock with board seats (maybe). What is the oversight here with all the interbank lending and this capital injection? Probably not that much. Of course, when Obama gets in - there will be oversight...