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The Sad Story of Auction-Rate Securities - Barron's

 
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Zophim
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PostPosted: Mon May 26, 2008 4:08 am    Post subject: The Sad Story of Auction-Rate Securities - Barron's Reply with quote

<table border=0 width= valign=top cellpadding=2 cellspacing=7><tr><td valign=top class=j><font style="font-size:85%;font-family:arial,sans-serif"><br><div style="padding-top:0.8em;"><img alt="" height="1" width="1"></div><div class=lh><a href="http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://online.barrons.com/article/SB121159302439419325.html%3Fmod%3Dgooglenews_barrons&cid=0&ei=rTc6SLPxEIuCyQTDgoDMDA&usg=AFrqEzcL16-mv2pr9nsTnGKg-gtk50zOXQ">The Sad Story of Auction-Rate Securities</a><br><font size=-1><font color=#6f6f6f>Barron's&nbsp;-</font> <nobr>4 minutes ago</nobr></font><br><font size=-1>When the crisis struck, regulators told the funds they couldn't help the auction-rate preferred holders at the expense of the <b>equity</b> holders. <b>...</b></font></div></font></td></tr></table>

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