Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (6349)	7/28/2001 3:19:58 PM
From: Don Lloyd	Read Replies (1) \| Respond to of 74559

CB - ...The investment rep at the bank was very very nonplussed that all I wanted was treasuries. I explained that it wasn't forever, maybe just until the end of the year. I am sure that when I meet with him on Friday he'll try to talk me into something that pays a higher interest rate. quote.bloomberg.com 07/27 11:18 Buenos Aires Invents a Currency, the Patacon, to Help Pay Bills By Joshua Schneyer and Eliana Raszewski "Buenos Aires, July 27 (Bloomberg) -- Buenos Aires, Argentina's most populated province, has resorted to printing its own currency to settle its bills. Governor Carlos Ruckauf has ordered the provincial mint to print a new bill to pay part of his workers' paychecks. The $500 million of new notes will also pay interest of 7 percent when the government redeems them in a year's time...." These are not only 7 percent, but you probably can have your banker get them at a discount and with a reduced time to maturity. Of course, $500M may not be enough to satisfy your requirements, but that just improves their potential scarcity value as a collectible. -g- Regards, Don