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re: How will BR/LSU/TAF handle the Stanford crisis?

Posted on 2/19/09 at 9:04 pm to
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 2/19/09 at 9:04 pm to
they'll give them whatever securities they're entitled to. That doesn't mean that they'll guarantee the face value of the security. If it's worth zero, then investors will get a zero value piece of paper.
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