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Re: storm12 post# 149

Wednesday, 08/19/2009 9:05:04 AM

Wednesday, August 19, 2009 9:05:04 AM

Post# of 305
Closed Bank transaction almost a certainty.

Why? GFG's core capital ratio at 3/31/09 was negative 5.72 percent. This equates to equity being negative about $1B. It was probably worse at 6/30/09.


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