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

To: Simba who wrote (97431)9/2/2002 2:43:19 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 132070
 
I can not believe what is happening out there!!!! One of my friends keeps her capital in high quality debt - government, FDIC insured and some GSE's - she has been doing this for a long time as she uses this debt for income. She is financially just fine and has more income that she needs for a very nice life style. She had a bunch of debt come due and her broker recommended she buy FCZ and she took his advice. What the heck is a broker doing selling Ford unsecured debt to a 72 year old woman. These guys should be put in jail!!!!!!!!!

Joan



To: Simba who wrote (97431)9/2/2002 5:27:35 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Simba, True, the debt has skyrocketed. But equity has also plunged the depths of despair. Which makes these types of charts attention-catching, to say the least. But, we used tax money to bail out Chrysler. Ford is more important than Chrysler.


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