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Regulators never thought investors would be gullible enough to buy Hertz ‘garbage,’ Harvey Pitt says – CNBC

The former top securities regulator for the United States said Tuesday that policymakers never considered there would be a market for bankrupt companies like Hertz to issue new stock and that, if thi…

The former top securities regulator for the United States said Tuesday that policymakers never considered there would be a market for bankrupt companies like Hertz to issue new stock and that, if thi…
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