Junior Preferred Stock Can Be Cancelled & Cease To Trade (DAPOTY)

[Camaro]

Folks, make no mistake about it; the Junior Preferred Stock Can Be Cancelled And Cease To Trade.

Don't be a victim.

http://www.bse.com.lb/Portals/0/Bank%20of%20Beirut-English.pdf

[seysmont]

Your antics made #fanniegate a butt of the jokes for morons like Carney and Gazparino. Stop posting stupid stuff. If you read the pdf, the shares were redeemed. You lack the ability to comprehend plain text.

[joseph s]

Yeah. We learned to ignore her a long time ago.

Not a recco

[Mayhem]

"Not a recco" - You may want to make that one a recco...it's valid.

[ron...@comcast.net]

She’s only concerned about us when commons are getting pummeled. Go figure.

[seysmont]

The problem with those two is that they reflect badly on everyone with any GSE's position by their blinding stupidity and noise they generate. It's not so cute when anyone can point out that #fanniegate is crazy people, because a few crazies make most of the noise.

[joseph s]

Yup. 2 crazy people make it look like we are all cray.

I am a little bit cray...

[globalsp...@gmail.com]

this thread is possible but it would require a shareholder vote (preferred shareholder vote), and would convert to common

but hey, i'm smart, so i have that going against me

[joseph s]

Cancel of shares implies no trade for common. Yes. Short of bankruptcy, the shares cannot be amended without a 2/3 vote of preferred shares.

Not a recco

[Achilles Deflandres]

Would those be the preferred shares that the FHFA assumes all rights and powers of?

[joseph s]

Lol. Cool. So.... The crazy people say that the preferred are cxld but common go to 1000.

Just be glad you may post....