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Re: jermart post# 3189

Friday, 09/19/2008 12:25:33 PM

Friday, September 19, 2008 12:25:33 PM

Post# of 46385
The government is rigging the market. In FRE they have a toxic financing deal where they could create any class of stock at any time they want with any stock preferences they desire & they own a hedge fund of 79.9% of the common. FRE also can dilute the common by issuance and sale of more common shares to pay-off the interest and dividends on the senior preferred. Eliminating shorty allows more oppurtunity to hit the bid before it collapses. I'd suggest not falling in love with this toxic POS and play the bounces if you can. The common are debt & the debt must go.