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Re: jonesieatl post# 156064

Saturday, 03/07/2009 2:39:55 PM

Saturday, March 07, 2009 2:39:55 PM

Post# of 326351
In situations where collateral'ed assets are taken, though, aren't they auctioned to the highest bidder and the indebted entity is only able to recoup the money owed them? The rest would come back to the company in debt, no?

Of course this would be a bad situation but not perhaps a complete loss for retail shareholders. Tell me where I'm wrong.