The Mudcat Café TM
Thread #114151 Message #2435399
Posted By: GUEST,Uncle_DaveO
09-Sep-08 - 02:12 PM
Thread Name: BS: Closet Marxist Bush
Subject: RE: BS: Closet Marxist Bush
Bobert, whatever else it is, it's not a bailout of the stockholders! Their interest in the companies, whatever was left of it, is placed the very last in line. In essence, if they ever get anything out of the companies, it will be an extremely small portion of their investment. The bondholders (Republic of China prominent among them) are another matter. They are left sittin' in the catbird seat.