InvestorsHub Logo
Followers 44
Posts 3554
Boards Moderated 2
Alias Born 06/25/2008

Re: knick post# 29501

Sunday, 11/21/2010 4:34:42 PM

Sunday, November 21, 2010 4:34:42 PM

Post# of 42851
If the Debtors do settle with the TPS, then yes. TPS, P's, and K's will all be treated the same. If JPM assumes the TPS, then there will be more money for the preferreds as the obligation to pay them will not be there.

Join the InvestorsHub Community

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.