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Old 02-22-2009, 02:56 PM   #1
Thinks s/he gets paid by the post
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HSBC

Maybe someone can explain if depositors here should be concerned based on this article regarding HSBC: HSBC considers $20bn cash call from investors - Business News, Business - The Independent
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Old 02-22-2009, 04:30 PM   #2
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Only worry if no one wants it.

http://www.investopedia.com/terms/r/rightsoffering.asp

What Does Rights Offering (Issue) Mean?

Issuing rights to a company's existing shareholders to buy a proportional number of additional securities at a given price (usually at a discount) within a fixed period.

Investopedia explains Rights Offering (Issue)
Rights are often transferable, allowing the holder to sell them on the open market.
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