One Last Susquehanna post  

Posted by Mr. Ellsworth Toohey

This is the last one. I feel a bit more comfortable reading the press release. Number 1, no other stock gets a dividend while the Senior Preferred stock is still owned by the government. Number 2, the government can appoint a conservator of the shares. That is a big relief. The one draw back is that the shares are non voting. I am sure that the board of directors don't think that is a draw back.

Ah, nationalizing banks. Ain't it great?

This entry was posted on Saturday, December 6, 2008 at Saturday, December 06, 2008 . You can follow any responses to this entry through the comments feed .

0 comments

Post a Comment