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Re: PatrickBateman post# 67445

Friday, 06/14/2013 5:12:12 PM

Friday, June 14, 2013 5:12:12 PM

Post# of 803927
Good call, I didnt think it would go this low..I dont think the market likes the lawsuit, corkers plan calling for liquidation or the fhfa report...and the fact the gov is being very clear that the seniors are not being reduced by dividend payments. This is a clusterfuk at the moment...just remember ppl, hedge funds and fairholme are holding mostly preferreds and could very well be a liquidation play...im at a loss at the moment to be quite honest...