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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (199801)5/3/2009 4:23:15 AM
From: Travis_BickleRead Replies (1) | Respond to of 306849
 
Good article, looks like in the GM case the holders of the bonds will be pari passu with the government (people have been assuming the bonds would be subordinate but there's nothing in the bond indenture that would allow that).