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General Grievous

08/08/13 1:25 PM

#106828 RE: amc #106824

NEWS HAS BEEN OUT SINCE 7:41 AM..NO ONE CARES...I TOLD YOU ALL ITS BAKED IN ALREADY..NO RALLY DENIAL IS FUTILE
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philipmax

08/08/13 1:39 PM

#106843 RE: amc #106824

Hi Boomer,

?Question? Should the government be allowed to "sell" the stock that they issued to themselves after the companies are fully paid up? The Gov't's holding can be classified as "collateral" rather than ownership. They never paid the current stockholders for the so called consevatorship of 79.8%. I would call this transaction an illegal confiscation

There are basic contract rules here. Unless this case will break precedent, I don't see the government's case for ownership.