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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (482964)5/28/2009 12:35:22 PM
From: Joe NYC  Read Replies (1) of 1573927
 
How has he done that?

By giving the title of the asset to an un-secured creditor, taking it from secured creditor.

It is like like giving a house of a bankrupt home owner to a credit card company he owes some money to, rather than to the bank holding mortgage and title to the house.

Joe
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