Management jumped over the 2% bar and the regulators raised the bar to 4%. I think the pre-pack is dead, but maybe they will come up with another plan and emerge a smaller company. Sold some shares of common and pref as well. Could be more state regulators piling on this Friday now that 3 states have raised the bar from 2% to 4%. FDIC may have to get in line in bankruptcy court behind the trust preferred to collect on those liens from the holding co, but they are ahead of the common.