It is a better way to go, but lenders prefer interest-rate reduction to principal reduction, in part, because it appears to minimize the loss they have to recognize upfront.
In turn, BB&T will receive a 95 percent preferred interest in a new entity stocked with $500 million in risky loans that BankAtlantic originally planned to keep for itself.
GM may be forced at some point to cut its common dividend, but its bond and preferred interest payments are on firmer ground.
LA prefers interest group wars.
DeFazio also said, "[I]f the Fed can bail out the banks and give them preferred interest rates, they can do something for the greater economy and for average Americans.
The Federal Reserve Board told the Pittsburgh-based bank and financial services company it must consolidate preferred interests in three subsidiaries of an unidentified major insurer.
To me, this stands out as how we need to value those who perceive the world differently, to listen to the child who doesn't speak, to enjoy slowing down, to cherish the many gifts of wonder that those with disabilities have, to channel their abilities and preferred interests, and to embrace our children for the resource they are for all of us.
Politicians generally prefer holding interest rates low, which stimulates the economy and hiring.
Investors generally prefer an interest payment rather than a tax credit, especially during a weak economic environment.
The markets rightly prefer lower interest rates for the discounting of earnings to the present, within our finite life span.
Dr. Sentance later told Reuters that he was concerned about inflation expectations and said he would prefer "gradual" interest rate increases.
