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US Banks to Be Nationalized?
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02-18-2009, 03:09 PM
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CO2490pL
Join Date
Oct 2005
Posts
437
Senior Member
Yes. Once Citi and Merill are nationalised, all existing shareholders and bondholders of these 2 firms will be wiped out completely of their investments! The good news is that accountholders will still have their money in their accounts.
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