Ignoramus31919 wrote:

http://www.nytimes.com/2008/10/14/bu...4treasury.html

``The government will purchase perpectual preferred shares in all the
largest U.S. banking companies. The shares will notbe dilutive to
current shareholders, a concern to banking chie executives, because
perpetual preferred stock holders are paid a dividend, not a portion
of earnings.''


When government can't write something at the 8th grade level for the citizens to
understand, it is a sure sign a snow job is going on.

Wes
--
"Additionally as a security officer, I carry a gun to protect
government officials but my life isn't worth protecting at home
in their eyes." Dick Anthony Heller