You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #8: "Over time" - not cash, is it? And would result in a loss if sold at once. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
mbperrin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 07:02 AM
Response to Original message
8. "Over time" - not cash, is it? And would result in a loss if sold at once.
Like I said, discharging a debt by issuing a piece of paper that the lender may be able to sell to some third party someday to get money.

Love to have that option for my own debts!
Printer Friendly | Permalink |  | Top
 
  -AIG to fully repay U.S. government RamboLiberal  Jan-12-11 10:52 PM   #0 
  - So they are repaying nothing. They're trading old stock for new.  mbperrin   Jan-12-11 11:00 PM   #1 
  - They're Converting the Convertible Preferred Stock  On the Road   Jan-12-11 11:28 PM   # 
  - It really has turned out to be quite a success  Yupster   Jan-13-11 12:01 AM   #4 
  - And the RIGHT says Government NEVER does anything correct. nt.  SkyDaddy7   Jan-13-11 04:36 AM   #5 
  - Easily? How does one sell 92% of stock without massively devaluing the shares?  Fool Count   Jan-13-11 06:34 AM   #7 
  - That's Correct, You Would Never Sell 92% of the Shares Immediately  On the Road   Jan-13-11 11:04 AM   #9 
  - "Over time" - not cash, is it? And would result in a loss if sold at once.  mbperrin   Jan-13-11 07:02 AM   #8 
  - Stock is an Asset  On the Road   Jan-13-11 11:06 AM   #10 
     - So my incentive is to get myself completely broke and out of cash,  mbperrin   Jan-13-11 11:18 AM   #12 
        - AIG Lost Billions  On the Road   Jan-13-11 12:09 PM   #14 
           - I wish they had let them fail as a lesson to others tempted to do the  mbperrin   Jan-13-11 12:54 PM   #15 
              - Everything That Has Come Out About the Derivatives Meltdown  On the Road   Jan-13-11 03:02 PM   #17 
                 - Well, we should have let it come down, and the next generation  mbperrin   Jan-13-11 07:40 PM   #18 
                    - You'd be Paying a Lot More Without TARP  On the Road   Jan-15-11 11:20 AM   #20 
                       - I'd pay nothing if my solution had be enacted. The stockholders of those  mbperrin   Jan-15-11 01:42 PM   #22 
                          - It was Widely Believed at the Time  On the Road   Jan-16-11 12:32 PM   #23 
                             - Yet I didn't believe it at that time and still don't.  mbperrin   Jan-16-11 01:33 PM   #25 
  - How would the system of payments frozen had AIG been allowed to fail?  brentspeak   Jan-13-11 08:11 PM   #19 
  - No doubt. Thank goodness for the vision of George W. Bush!  Rage for Order   Jan-15-11 01:20 PM   #21 
  - dupe  On the Road   Jan-12-11 11:28 PM   #2 
  - See? Those billions in year-end bonuses to CEO's are finally paying off!  chollybocker   Jan-12-11 11:57 PM   #3 
  - "In Full" in What Way?  Demeter   Jan-13-11 05:58 AM   #6 
  - I just spit my cereal out all over my keyboard...  IScreamSundays   Jan-13-11 11:10 AM   #11 
  - OK so let's wait for the next screwup  faz   Jan-13-11 12:07 PM   #13 
  - the big question on everyone's mind  melm00se   Jan-13-11 01:28 PM   #16 
  - It would be interesting to see some of the posts on this site from about year or so ago claiming...  DCBob   Jan-16-11 12:43 PM   #24 
  - Is something askew here?  SOS   Jan-16-11 02:00 PM   #26 
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC