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Re: Enterprising Investor post# 31

Friday, 10/26/2012 7:32:20 PM

Friday, October 26, 2012 7:32:20 PM

Post# of 44

The two auctions were expected to generate about $4 billion, ResCap said in a May 14 statement announcing its bankruptcy.

Looks like the $4 Billion estimate was beat by $500 Million. This will make bond holders happy.




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