re: Banking Sinking Faster Than Gov Can Bail

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Atleast the GM loans are supposed to be paid back with 5% interest.

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Do you have any idea what you're talking about, or do you just constantly talk out of your arse?

Please go read wtf the TARP is before you make comments like this.


Directly from the god-damn term sheet:

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The Senior Preferred will pay cumulative dividends at a rate of 5% per
annum until the fifth anniversary of the date of this investment and
thereafter at a rate of 9% per annum.

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