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


To: Spekulatius who wrote (84943)11/6/2000 10:24:44 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Spek, One of the problems with the junking of corporate debt ratings, and Telecom is just one of many industries to do this, is that cheap funds go away in a stock market decline. Of course, since the bull market will last forever, it behooved these guys to beggar the co's bond ratings. Higher fake eps that way, temporarily.