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To: Jurgis Bekepuris who wrote (103094)	8/8/2011 2:44:10 PM
From: cink40	Read Replies (1) \| Respond to of 118717

Hm, i think that MET-B is pretty safe, absolutelly safer then MHR pfd.....Maybe i am just biased..

To: Jurgis Bekepuris who wrote (103094)	8/8/2011 2:59:06 PM
From: Dale Baker	Read Replies (2) \| Respond to of 118717

In 2008 I managed this preferred portfolio for my late mother and watched it lose 40% from top to bottom during the credit crunch. Granted, I had some European bank pfds then that I don't hold now but I remember very vividly how illiquid that market can become. Buying back pfds is always easy sometime later. Recouping losses in them can take years, as we know. Are you really 100% confident in the credit markets with stocks reacting like this? Rather be safe than sorry here.