| Topic Name: |
bond conundrum |
| Message Name: |
You Fuck, I said "Th |
| Date Posted: |
02/29/2000 |
| In Reply To: |
Then why did you say they were less risky, Einstein. Your logic that a company's risk goes down "on a debt/equity basis" when the bond price goes down is laughable. The company still has exactly the same debt obligations. A company's bond price can also go down because the firm's performance is going down the shitter, but that doesn't make them less risky, either. |
| Message: |
You Fuck, I said "The debt, or that portion of it, will at least temporarily be less risky." Not the goddamn company. Obviously if you are up at 5:00 am you aren't thinking up to par. Get a life. Why are you even on the net at 5 in the morning? Looking for a girlfriend to impress with accounting?
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