Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 1254216, member: 3011&quot;]I&#039;m not sure where this incorrect information is coming from regarding preferred stock.&nbsp; In the capital structure of a company, secured bondholders get paid first, then non-secured bondholders, then preferred stockholders, then common stockholders.&nbsp; If BAC goes under, a very low probability event, then the preferred stock will be repaid only if there are sufficient funds to repay all bondholders first.&nbsp; It is not risk free.&nbsp; Preferred stock is more risky than all forms of debt and less risky than common stock.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in