So it may seem, but considering the HQ are a hybridization of debt/equity, I am confident in the underlying value in these current H's or a new class of trust preferred in the reorganized company. I think this would be an interesting take on financing newco debt. These current H's being valued at fv of where current P's fv.....smh...hmmm. Just think of possibilities. Still only buying p's and u's, just too may scenarios.