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To: SeekAndFind
"Capitalized interest"....that's a new one..it means they're actually borrowing the money to pay the first few years interest on the bonds..

The underwriters should be shot..as well as any portfolio manager who buys this garbage..this makes Greece look good..

14 posted on 07/13/2015 7:57:39 AM PDT by ken5050
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To: ken5050

Wow, just wow!


20 posted on 07/13/2015 9:12:33 AM PDT by griswold3 (Just another unlicensed nonconformist in am dangerous Liberal world.)
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