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Old 10-14-2008
chris_gee chris_gee is offline
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Hmm the latest story is that the amongst the feds throwing money around is $25 B each for Citi and MS etc etc, as preferreds at 5%, no warrants or equity conversion, plus guaranteeing new bonds. Less than half the deal the Japanese got and a third that of Buffet's.
Sailaway need not worry yet about state funded bordellos to meet his every need. Paulson has others to screw and they ain't his friends.
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