ST Alpha - "of the $125 million being spent to recapitalize the 9 largest banks, 20% will go towards paying dividends to shareholders over the next year -- (link)" (Reading a Post)

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of the $125 million being spent to recapitalize the 9 largest banks, 20% will go towards paying dividends to shareholders over the next year -- (link)

Posted by znufrii, elitist (aka znufrii) Oct 21 '08, 09:49

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http://www.nytimes.com/2008/10/21/opinion/21stein.html (www.nytimes.com)

Responses:

Incredible. -- nm - Loyola Oct 21, 09:55
If the government is comfortable bailing them out in the first place, I cannot see being upset about them conducting normal business operations. - Name Withheld By Request Oct 21, 09:51 3
- it is both unconscionable and moronic to be paying a shareholder dividend if you're not fully capitalized...nm - x Oct 21, 10:00 1
  - I'm not too fussy on the bailout as a whole, but wouldn't shorting the dividends greatly affect mutual fund holdings and other investment? -- nm - Name Withheld By Request Oct 21, 10:06
- if they're doing so poorly that they need a bailout, they shouldn't be hemmorhaging cash through paying out dividends, should they? -- nm - znufrii, elitist Oct 21, 10:00

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