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Re: cottonisking post# 12365

Wednesday, 08/08/2012 2:19:44 PM

Wednesday, August 08, 2012 2:19:44 PM

Post# of 111144
First question, i already answered 2 times already. Not a CT owner, nor is my security associated with any CT. Held through etrade/bnym for my benefit.

You do not have to have a CT to have a sub bond. LOL

Second, question, you edited after i read your post and ansered your post.

Trust/escrow, I never checked, however, they are not re-classed as equity as you stated. They are debt instrument. debt is debt.



imo