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capitalismforever

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capitalismforever

Re: whipstick post# 405996

Thursday, 04/27/2017 11:40:01 AM

Thursday, April 27, 2017 11:40:01 AM

Post# of 798332

All the time? I disagree. IIRC GM and AIG were the only other bailed out firm whose equity was wiped out.



Trust me on this. I've been doing this for 25 years. It happens in bankruptcy cases approximately 20 times each year.
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