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Friday, May 24, 2024 2:20:05 PM
I own common stock in a company that has paid me dividends exceeding my original investment. They aren't 'paid off' and I won't be writing them off either.
I truly cannot understand the argument that Treasury should write off the seniors because they have been "repaid".
Equity cannot be repaid by definition. It really isn't that hard to understand.
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