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DJN

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DJN

Re: The Godfather post# 2007

Monday, 08/31/2009 11:22:16 PM

Monday, August 31, 2009 11:22:16 PM

Post# of 4356
True, but not true. Ps are not the first in line. All preferreds are treated equally. If Ps get 25% of the face value so do the other preferreds.

Note: Ps do not have seniority over the other preferreds. Trust Preferreds have seniority over all of the preferreds.

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