Re:Goodbye ICOs, hello ILPs?
by JumpCrisscross on Thursday April 12, 2018 @07:00PM
(#16825727)
> sounds more like equity to me than a loan
One can structure preferred stock to walk like a bond and quack like a stock (as well as the other way). This structure is an incredibly stupid solution to a regulatory problem.
One can structure preferred stock to walk like a bond and quack like a stock (as well as the other way). This structure is an incredibly stupid solution to a regulatory problem.