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Old 07-26-2012, 02:49 PM  
Robbie
Leaner, Meaner, Faster
 
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Join Date: Aug 2002
Location: Vegas
Posts: 20,959
Quote:
Originally Posted by DateDoc View Post
Looks like he owns 503 million shares - lost $2.5 billion today.
I guess you could say on paper he lost part of his estimated worth. But in reality, nothing changed for him in his bank account.
He already owned the company. He didn't actually buy any of those shares to begin with. He just kept them for himself.

The only people actually losing REAL money are people who paid out money to buy shares and now are actually losing money.
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