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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (4998)2/27/2009 10:11:07 AM
From: peter michaelson  Read Replies (1) | Respond to of 6370
 
Yet, it would not be fair for neither the preferred nor debt holders of C to take no haircut. I continue to feel that the pain must be shared - morally and politically.

Makes no sense for them to emerge with a fantastic gain from current price levels.