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> No, a large loss to the people who paid taxes. It's both, not either/or. > Meaning that such an outcome would be terrible. Less terrible than a total write
by calgarymicro 3y ago
> No, a large loss to the people who paid taxes.
It's both, not either/or.
> Meaning that such an outcome would be terrible.
Less terrible than a total write-down.
- justinclift 3y agoIf they're made to honour their agreement (especially at substantial loss), then wouldn't these bad actors avoid underbidding in future auctions?