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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Crimson Ghost who wrote (75103)2/22/2008 5:05:03 PM
From: KyrosL  Read Replies (1) of 116555
 
taxpayer bailout

I heard bank, not taxpayer, bailout of ABK. The rise in ABK stock is premature, IMO. I suspect the bank consortium will probably end up buying new ABK stock at substantial discount to current value, which will result in huge dilution of current shareholders.
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