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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Hawkmoon who wrote (108908)7/15/2010 7:34:06 AM
From: RetiredNow  Read Replies (1) of 110194
 
Holy shit. That's an amazing observation.

I just checked their balance sheet on yahoo! and here's what it says:
finance.yahoo.com

They have about $1.9 Trillion in cash, cash equivalents, and long term investments. If they used that to buy US Treasuries earnings 3%, they could make $57B per year. So it's even worse than observed.
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