Brookfield Office Properties Inc T.BPO.PR.A

RE:Crazies Be Crazy, That's all it is I think.

[DJ441c]

I sold out   15% higher  perhaps mistake    but more worried about ratings dwongrade of the prefs    There  must  be lots in nstitutional hands   that  may only hold  investment grade     if thats the case then   large number of securities come on the market at once  

also  default for short time makes no sense to me    the reputaional disaster  would be  significant , better  to borrow at high rate  to pay the divi  for a time,   not sure what  their game plan is    the q3  earnings should be out soon