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In many cases, the Treasury will get preferred or convertible preferred stock for the money it gives to banks. These shares typically don't have voting rights, possibly to give more of a hands-off appearance to the government.
Jerry A. Webman
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"In many cases, the Treasury will get preferred or convertible preferred stock for the money it gives to banks. These shares typically don't have voting rights, possibly to give more of a hands-off appearance to the government."
— Jerry A. Webman #moneywealth #politicsgovernment

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In many cases, the Treasury will get preferred or convertible preferred stock for the money it…

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In many cases, the Treasury will get preferred or convertible preferred stock for the money it gives to banks. These shares typically don't have voting rights, possibly to give more of a hands-off appearance to the government. — Jerry A. Webman

About Jerry A. Webman

Jerry A. Webman was a Economist .

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Who said "In many cases, the Treasury will get preferred or convertible preferred stock f…"?
This quote is attributed to Jerry A. Webman, a Economist.
What is this quote about?
This quote touches on Money & Wealth, Politics & Government. Browse more quotes on these themes from the categories page.