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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Les H who wrote (191374)3/17/2009 10:45:12 PM
From: James HuttonRead Replies (2) of 306849
 
"Bank Holding Companies may now include cumulative perpetual preferred stock and trust preferred securities in tier 1 capital up to 25 percent of total core capital elements, the Fed said, as part of the deadline extension."

This sounds like something maybe Japan would have done. But since the word "bonus" isn't included, and "cumulative perpetual" are two consecutive four syllable words, the MSM and public will just shrug their shoulders.
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