andruomail

Nine U.S. Bank Stocks for Right Now

I think he was being sarcastic & implying timeshares are in the same bad category as Detroit & N. Korea...


On Nov 06 12:41 PM Simi wrote:

> i would be interested to know- why timeshares? i have been looking
> at those recently too.... would be great to get your input. thanks
>

Bank Bailouts and Trust Preferreds: Still Too Much Risk Here

I seem to remember reading that trust preferred was invented so that banks could include a part of them as Tier I capital on the balance sheet and also fully deduct their dividends at the same time as debt payments. It just worked out better for them on the balance sheets & tax forms that way. Trust preferreds are interests in a trust fund made up of one giant bond issued by the parent co. Normal preferreds are shareholders.