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To: Giordano Bruno who wrote (359847)2/27/2008 2:10:23 PM
From: stan_hughes  Read Replies (1) | Respond to of 436258
 
Once I hear back from S&P on the AAA rating (a no brainer -- I have an 'in' with the Chairman's sister) and the bond insurance is in place (also a no brainer -- that only took $50K in small bills thanks to the AAA sticker, plus they needed the cash), we'll syndicate and raise enough money to buy half the cities in Kahlifornia.

I've got more than enough friendly places lined up to temporarily park the original bond issue (for a small kickback) in order to get the deal off the ground, and I have a list as long as your arm of sucker institutions who'll be begging us to sell them that same paper afterward in the secondary market because of the big fat insured AAA yield we'll be sporting. Then we can get down to the asset stripping part.

Later on down the road a bit when there's no more meat on the carcass, we'll exit stage left, but don't worry about that -- by the time anyone notices we've missed a few interest payments, we'll be long gone with the treasury and so far underground they won't be able to find us even if they're wearing miner's helmets. Do you prefer sand and surf in the Caymans, or would skiing in Switzerland be better?

Is this a great country or what?