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rekcusdo

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rekcusdo

Re: capitalismforever post# 405988

Thursday, 04/27/2017 12:04:02 PM

Thursday, April 27, 2017 12:04:02 PM

Post# of 800629
GM's situation was not the same. The company declared a Chapter 11. That gave them the right to liquidate current shares. Then after the bankruptcy cleared, they could issue new shares.

The GSEs never declared bankruptcy and likely never will.
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