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Step Back. Traditional Bond Portfolios are collapsing with calls and Fed mandated refunding. Here come the BABs! Authored by ACADEMICs. Financial reform down your throat.
1 posted on 09/13/2010 4:41:46 PM PDT by Broker
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To: Broker
means of borrowing for ... municipality and county agencies.

What happens to bondholders in a Chapter 9?

2 posted on 09/13/2010 5:04:27 PM PDT by PAR35
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To: Broker

Heres a clue for the academics.

If you build a gated community that makes it hard for people to get into you live....It makes it hard for you to get out.


3 posted on 09/13/2010 5:05:49 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: Broker
Any principal is used to repair mosques in Iraq and pay SIEU mobster bosses.

Any interest you make is stolen directly from the pockets of your neighbors and their children.

Don't you *dare*.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

4 posted on 09/13/2010 5:47:08 PM PDT by The Comedian
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To: Broker

No....


6 posted on 09/13/2010 6:32:43 PM PDT by cranked
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