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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: gerard mangiardi who wrote (417700)6/23/2003 12:10:37 PM
From: E. T.  Read Replies (1) | Respond to of 769670
 
GM is issuing $13-billion in bonds. It was cheaper to do that than go to the stock market because the dividend payout would have been more expensive. Where's the dividend tax-break here? Doesn't work well with low interest rates.