Yeah thanks Meekrat...didn't know that.
Either way...my view is..I dont care how old a company one is....if they are not profitable or bankrupt...then so it is.
Stuff bailing out these guys or others.
I bet they were rolling in riches during the bull market..just were too highly geared when the sub-prime hit.
Their fault..they take the hit...not the US taxpayer.
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