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Countrywide Capital V (New) 7.0 Message Board

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  • wheelbarrowme wheelbarrowme Mar 2, 2009 5:15 AM Flag

    If interest deferred?

    Deferral of any preferred interest payment will have a short term cash benefit, but will damage long term ability to raise capital since interest rate demand and collateral will be much higher, if not impossible to obtain. The public is finding out that bankers and company execs are really dumb arses, in cheap suits

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