SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: sammaster who wrote (251550)7/22/2003 5:55:39 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
>>GM took a 13 billion loan to cover their pension obligations...not even to improve their business...and people still rushed to buy the debt.... <<

yeah ponzi finance isn't just at the internets -- it's everywhere ...

haven't seen too many companies have trouble rolling debt



To: sammaster who wrote (251550)7/22/2003 5:57:58 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
these guys had problems selling debt --

result == quarterly loss could be more than the market cap of the stock

biz.yahoo.com

still got bought <g>