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Opinion - Letters To The Editor section

Don't punish stockholders

Published online on Thursday, Nov. 05, 2009

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In the Oct. 22 Bee, the article headlined “Bill would ease bank seizures” describes the effect of a proposed bill to take over failing banks. The stockholders surely would take a double beating. If they had invested with a failing bank, they would already have lost most of it and the rest of it would go when the government took over.

Why punish the stockholders? They didn’t cause the bank to fail.

Robertha Matranga

Clovis


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