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To: who cares? who wrote (244119)6/5/2003 1:40:47 PM
From: Tommaso  Respond to of 436258
 
Total insanity. Even more than the New Jersey boondoggle. But at least if interest rates climb, they will be able to buy back the bonds at a discount.



To: who cares? who wrote (244119)6/5/2003 1:51:26 PM
From: Knighty Tin  Read Replies (2) | Respond to of 436258
 
State pension funds. Oh, yeah, those are smart money managers. All those guys they pay $30,000 a year just make fools of those million buck Wall Street guys. <VBG>



To: who cares? who wrote (244119)6/5/2003 2:02:58 PM
From: benwood  Read Replies (1) | Respond to of 436258
 
Sounds like they sold the bonds in less than an Orange County minute. Did anybody say this would end badly?


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