Bank Bailouts and Trust Preferreds: Still Too Much Risk Here [View article]
Chrispy, I'm not sure I understand what you're saying. And are you differentiating between preferred stock and trust preferreds (i.e. subordinated debt)?
Bank Bailouts and Trust Preferreds: Still Too Much Risk Here [View article]
Citi's trust preferreds are up about 25% today... it isn't so much the risk that stopped me from buying, as it is the expected long-term returns at current prices. Still, a very good trade for those who have it on.
Bank Bailouts and Trust Preferreds: Still Too Much Risk Here [View article]
I'm not sure I understand what you're saying. And are you differentiating between preferred stock and trust preferreds (i.e. subordinated debt)?
Bank Bailouts and Trust Preferreds: Still Too Much Risk Here [View article]
Component Returns for the Financial SPDR ETF [View article]