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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (74815)1/29/2000 10:29:00 AM
From: Bob Miller  Read Replies (1) | Respond to of 132070
 
Waybe: Unless their accountants are completely corrupt,
MU, or any corporation, is required to accrue the interest
on its debt. The payment of the interest adversely impacts
cash flow, but not profits.

A corporation cannot escape "interest expense" by issuing
zero coupon bonds.

Best wishes,

Bob



To: Freedom Fighter who wrote (74815)1/29/2000 12:58:00 PM
From: Skeeter Bug  Respond to of 132070
 
wayne, deferred interest. iow, they said in the fine print that mu could defer interest payments. that they have done, thank you very much!

bright bulbs didn't buy that paper.



To: Freedom Fighter who wrote (74815)1/29/2000 3:06:00 PM
From: re3  Read Replies (1) | Respond to of 132070
 
sofa dude...you adding to your berkie b position ?

ike


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