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To: BipolarBob
But not the bond holders.

How about the shareholders in the company? The stock should be canceled and the company recapitalized before a single penny is lost by the shareholders. By not paying the account holders the bank has admitted they are bankrupt. (that is assuming they are privately owned. Kind of hard to go officially bankrupt if you are owned by the government.)

8 posted on 03/24/2013 5:36:00 PM PDT by KarlInOhio (Choose one: the yellow and black flag of the Tea Party or the white flag of the Republican Party.)
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To: KarlInOhio

The bank’s bonds are guaranteed by the ECB, so you know they won’t be giving themselves a haircut.


9 posted on 03/24/2013 5:43:25 PM PDT by pingman (Trust a lib? Surely you jest!)
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To: KarlInOhio
"How about the shareholders in the company?"

This too big/important to fail meme is failure itself.

17 posted on 03/24/2013 6:13:22 PM PDT by Paladin2
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