What happens when the assets are liquidated and the bridge loan is paid back? Does the US gov't still get to exercise their warrants?? Or can they exercise ONLY IF the loan is NOT paid back???
99% from what price?
yes, its set up to end common holders and save the rich
"If a government bailout is worked out, sources told CNBC, shareholders would get nothing, bondholders next to nothing and policyholders at least some protection."
I think he said that he agrees with Faber that 99% chance that common shareholders will not be wiped out..But the bond holders will def. be wiped out
yes it is!
not a shareholder, but that is insane. What kind of bridge loan is that? The govt is worse then a payday loan.
Yes, they are loan sharks.
that's bullsh$t. A loan to buy time is not a reason to screw a sh$tload of people.