OK - I take your point but if they haven't gone bankrupt by now.... anyway, I doubt that the government would let them fade away. They might not survive in the current form but we never know. In any case, I would be willing to take my chances.but assuming that they will not default - is there anything else to take into consideration? As far as I see:- it is a good deal if you think they will survive - very good- stupid investment if you don't believe they will be around...
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