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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: sammie44 who wrote (164764)2/29/2012 5:16:27 PM
From: Bearcatbob  Read Replies (1) of 206305
 
Sammie - this gets to my earlier question re GM - what is the priority of the bonds in the case of a BK? All I can find is that "secured creditors" rule. Other bond holders are unsecured and seem to rank only above the common shareholders who get essentially zippo.
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