NWBR, I don't car if shorting the dividends affects anyone. if the taxpayer is going to pay out to re-capitalize these banks, they should be...
Posted by
x (aka dmuck)
Oct 21 '08, 10:18
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first in line to get that money back. there's no reason that shareholders should come before them if the taxpayers are the ones giving up the money to shore up the balance sheets. if the damned banks have extra money laying around, they should be using that to shore up their own shaky books and they shouldn't paying it out as dividends in the fisrstdamned place. if they're gonna get by on the largesse of the taxpayer, then i say to hell with the g-d shareholders.
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