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

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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!
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  -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 

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