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being paid to be a holdout.
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How one handles that is a potentially serious problem,
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not least because it's financially and economically advantageous to do so.
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People who are good at being holdouts
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are likely to acquire a substantial number of these second mortgages
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and so the holdout rights will be exercised more skillfully
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than they would be by their current holders.
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I guess my reaction is--to your question is--
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can the capital markets handle it?
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Yes, at a price and the price will be that de facto in this environment.
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The demand curve for equity slopes downward,
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so if a lot of equity needs to be raised,