i think it's more likely we could see an equity for equity swap that would cover the preferreds. i wouldn't mind getting $25/share + divvy in "the new lehman brothers" (if such a thing were to happen), or that same stake in a suitor, like a major bank. jmho.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.