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preferred stock investing | Topic profile

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Started 3 months, 1 week ago (2009-09-26 14:42:00)  by treasurekidd
Quote: that is stealing! No it's not. It's called INVESTING. The government offered cash infusions to banks in return for preferred stock shares and warrants to purchase more at a low price later. That is why the government is now Citigroups largest single investor, right along with Chrystler an GM. With the banks, the government basically played ...