Paulo

Bank Bailouts and Trust Preferreds: Still Too Much Risk Here

Difficult to make sense out of all of this.
Let me take a risk and add to the confusion -- the traditional preferreds might turn out to be canaries in the coal mines in terms of an eventual rebound.
They might go up quickly and before common equity when (or should I say if) light appears at the end of the tunnel.

Bank Bailouts and Trust Preferreds: Still Too Much Risk Here

So where is the storm in Canada over preferred shares in general or even specifically? Or are you just anticipating a reaction to one or two posts?