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Nationalizing the Banks? - Examiner.com

21.04.2009 by Obama Voting Record - Google News Category Obama Voting Record

Nationalizing the Banks?
Examiner.com
Preferred stock has no voting rights, but it gets paid dividends before common stock. The Administration's idea is to increase banks' cushion of common stock, and thus dilute future losses by common shareholders. The theory is that this will make bank ...

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