Is the company paying dividends on its prefs? Preferred dividends are down qoq - total prefs outstanding are $16.5 bn and dividend paid is only $155 million. In 1 month in Dec 2008, pref dividend payout was $248mn - now that was probably too much.
Peter Drucker chose one new area of study every three years in his life. For the next two years (till Dec 10), this is my focus. (a) Markets (b) Learn French (c) Geography of Russia and Middle East