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Bizreader

09/15/14 10:29 PM

#48977 RE: Joe Stocks #48976

This is to say that these preferred shares were issued by trusts that had no actual capability to honor the terms in their prodpecti?
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Bizreader

09/15/14 10:37 PM

#48979 RE: Joe Stocks #48976

And these facts also lead me to believe that their corporate holding entities are now unable to honor their prospectus terms regardless of the financial status of the corporate hierarchy in which they were conceived, marketed and traded, to this day. ummmmmm...it wouldn't surprise me.

Wall Street scam at the worst.