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Re: Simpsonic post# 127917

Friday, 12/18/2009 1:35:34 AM

Friday, December 18, 2009 1:35:34 AM

Post# of 735085
What are you basing this on. There is no reason to think that it is only for preferred. They are representing all equity. One of the likely outcomes of a settlement would be a conversion of preferred to JPM preferred and resume paying dividends. That way they wouldn't need to come out of pocket with as much cash.
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