
Investors who own the companies’ common stock will be virtually wiped out; preferred shareholders, who have priority over other shareholders, may also wind up with little. [..] The government’s intervention could rise into tens of billions of dollars and will probably be among the most expensive rescues ever financed by taxpayers. Aahhh, who cares, says JJ. Don't worry, be happy. Have some Palinka (that is, Pălincă). Best bet: Barack Palinka (how's that for a GUT for your gut?)
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How it happened.
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