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The New DU. Reply #26: Time For Your Haircuts Bondholders
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merkins
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Sun Apr-05-09 07:57 PM
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| 26. Time For Your Haircuts Bondholders |
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"...set to call for shareholders in those institutions to be wiped out. 'It is crucial for these things to happen...'"
How about a stiff haircut for the bondholders and defaults on the credit default swaps held by JP Morgan and Goldman Sachs?
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