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bdahl385

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bdahl385

Re: Jagman post# 29782

Thursday, 08/28/2008 8:36:48 PM

Thursday, August 28, 2008 8:36:48 PM

Post# of 46420
If publicly traded, I assume that pinks would work the same way. If they fail, the bond, preferred stock or debt holders would have first claim to any assets of the company. If they were able to satisfy their debt (Very,very doubtful or they wouldn't have failed) then common stock holders could be in line for some of the assets. This would be so rare in the pink universe I think its safe to say that it would never happen.
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