"Wes" wrote in message
...
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


If one is so stupid that they are operating on an 8th grade level they don't
need to know what's going on because they would be useless. Haven't we
learned from Bush that if you don't know what you are doing you shouldn't
try to do it? That should go double for any adult that only understands what
an 8th grader can comprehend.

Hawke