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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (16295)7/7/2004 4:49:42 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
Unless one assumes that the underlying govt. has a call option on all the assets of a native firm.

that could have been the case with FCX--some sort of nationalization risk factor. and i agree about global firms, as Japanese government debt is on par with Botswana, but that doesn't seem to bother Toyota or Sony.