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["Don Bowen" <don.bowen AT earthlink.net>]

>From the Wall Street Journal:

"Dividends on the companies' preferred stock are likely to be suspended,
people familiar with the plan say, and those on common shares to be
eliminated. Any injection of capital by the Treasury would likely greatly
reduce or wipe out the value of common shares currently outstanding."

http://online.wsj.com/article/SB122073255846107191.html

Apparently the Chinese have a large investment in those shares and have
indicated their displeasure if they are not made whole.  They have been
quietly been dumping shares on the market so as to not lower chare value
more.

The plan may be announced Sunday Afternoon.

Don Bowen  KI6DIU
http://www.braingarage.com/Dons/Travels/journal/Journal.html