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To: SeekAndFind

Sound like nothing more esoteric than a zero-coupon bond to me.

These are not at all unusual. However, morons sometime have difficulty understanding that when they borrow money, the lender expects to be repaid with interest and has a legal claim for satisfaction of this expectation.

It appears quite likely that much of the press and the government is run by morons.


6 posted on 12/11/2012 10:44:29 AM PST by Skepolitic
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To: Skepolitic

40 year bonds that cost 10-16 times the money.


7 posted on 12/11/2012 11:19:45 AM PST by Domangart
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