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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: benwood who wrote (13663)10/19/2004 2:38:12 PM
From: KyrosL  Read Replies (1) of 116555
 
Although the FAX rights offering would have benefitted management, if would have greatly benefited the shareholders too. The proceeds of the rights offering were to be used to buy emerging debt, the kind that soared since the rights offering was abandoned.
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