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But unless there is a more explicit -- read "clear" -- statement, the preferred shares will continue to languish, and every time a story breaks such as this morning, the shares will nosedive. And nothing I have read seems to exclude RBS hybrids from the "burden sharing" mandate. And certainly the market performance reflects this.In the meantime, I found an email link to the European Commissions finance diviision as it were -- and sent my opinions and comments ( and requested a response). I will wait to see what happens.If anyone else is interested, you can access it viahttp://ec.europa.eu/economy_finance/other_pages/other_pages7497_en.htmGood luck to all