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financing and credit crisis 101, page-21

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    But ,accepting all that,surely white anting the company to the extent that you claim would have to impinge on their own shareholding in the thing would it not?And if the sum total would be better in spite of the white anting how could that be possible? Do you think that hedonism on the part of MF for example would be so acute as to create a state of denial which would enable him to continue on the path of personal enrichment while flying in the face of ultimately losing in the end.??
 
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