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bogblog

03/16/17 1:12 PM

#33077 RE: taniag #33071

Um, I have personally witnessed preferreds getting stake in many reorganized companies. Your statement is very clearly untrue.
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DownWithPumpers

03/16/17 2:00 PM

#33082 RE: taniag #33071

Preferred stock never gets anything in bankruptcies.

Preferred stock gets paid before common stock.