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He could even pay them back and keep 5:6ths of the loot free and clear.
by TylerE 4y ago
He could even pay them back and keep 5:6ths of the loot free and clear.
- shorthistory 4y agoHow would that work? He would still be liable for the full amount and the cost of servicing the margin loan. Or are you suggesting the bankruptcy proceedings will settle for a lower figure?
- 0cf8612b2e1e 4y agoDepending on how the margin was setup, the thinking is that the trader could surrender the (now valued at $10 coins).
- hgsgm 4y ago