Advocates for bank nationalization often assert or imply that shareholders who get wiped out will just be getting what's coming to them, or at least that their interests weigh little in the scale against taxpayers'.
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Kill all the shareholders? Not so fast...
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Advocates for bank nationalization often assert or imply that shareholders who get wiped out will just be getting what's coming to them, or at least that their interests weigh little in the scale against taxpayers'.