OK, we all know that The Great Credit Crunch of 2007-?? had a grim effect on financial companies and an even more grim effect on their share prices. But, for preferred share investors, the important thing is: what was the effect on preferred shares of split-share corporations backed by financial issues?
The July, 2008, edition of Canadian Moneysaver includes my efforts to review the situation. Look for the research link!
And I can offer a bonus spreadsheet that includes a little information that couldn’t be squashed in to the article.