Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (32804)	11/20/2008 12:25:14 AM
From: Spekulatius	Read Replies (2) \| Respond to of 78740

Jurgis, Do you think that DLR-Pb and HRP-pb have better chances than euro bank prefs (DCE, IDG, RBS-N, DCS-C)? I don't have a clue. the European bank preferreds are propped up by politicians that don't want them to default. if the politicians decide the preferred do belong to the equity category (if new equity injections are necessary etc. ) then the preferreds could be toast. HRP-pd and DLR-pd seem to have a lot of equity cushion before they default so i hope they will hold and keep paying. Both are small bet's in REIT debt for me and so far i don't like it one little bit. KIM down by 20%+ in one day seems insane. I certainly feels like commercial RE is the next shoe to drop (or has it already).