1 | After five years, any remaining preferred shares would convert to common shares. | |
2 | In Japan, too, banks have lots of preferred shares in their capital bases. | |
3 | To reduce risk, you can invest in a diversified group of preferreds. | |
4 | This preferred stock has a series of special rights which almost always include a liquidation preference. | |
5 | In three-quarters of the cases, governments shored up bank capital by, forinstance, injecting preferred stock. |