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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (74198)6/22/2012 7:54:29 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
A - the 'unions' don't themselves own any of the shares.

B - the PENSION PLANS own 11% of the outstanding shares... But then they had a valid claim on the company, a multi-billion dollar claim that was even larger and more senior then all of the unsecured bondholders put together. And the pension plans took a big haircut on what they were owned TOO.