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Old 02-18-2009, 09:07 PM   #11
CO2490pL

Join Date
Oct 2005
Posts
437
Senior Member
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Once a trouble bank is nationalized all shares will be liquidated. Even is you are a prefered shareholder. If a public company go bust, the prefered shareholder will still get the most of the asset left and the balance will be distributed to ordinary shareholder. So in this case, all those who invested regardless of their holding status will see their portion neutralized and may becomes nihil, zero, or Kosong. This is worst than paper lost where you can recover some if u decide to cut losses or waait for it to pick up
This is how Greenspan, Bernanke, Paulson, Geithner, Obama,, their higher ups, and their cronies will wipe out the investments of Temasek in US banks:

Temasek's investments in US banks will most likely be totally wiped out when they are nationalised. The US taxpayers will foot the bill for the USGov't to recapitalize (nationalise) the banks. Obama et al. will eventually re-privatize the banks by selling them for 10 cents on the dollar to their higher ups and their cronies.

Wealth is just being legally transferred from the existing shareholders like Temasek, Prince Al-Waleed bin Talal, & the US taxpayers to the legalized criminals on Wall Street and the Fed Reserve.
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