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To: 10K a day who wrote (199449)10/22/2002 9:39:26 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 436258
 
who is buying those bonds? i know i'm not, and i'm reasonably sure reaper isn't...



To: 10K a day who wrote (199449)10/22/2002 9:50:49 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 436258
 
Because they are big enoung to lend the money they get at 7% out to
some poor 3rd world country for 35%, and also have the connections
to get the IMF to support the whole thing if the poor country
can't make a payment.
Any time they want to GE can manipulate the
dollar far more than the Fed can.
Jim


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