To: Dog Gone; liz; shermy; black jade; ernest at the beach
DG posted:
This is interesting. General obligation bonds are guaranteed to be repaid by the California taxpayer. If these didn't sell out, imagine the demand for the $12 billion in power bonds that aren't guaranteed by the full faith and credit of California.See my reply #11 about what will happen when these if you will pardon the expression, when these real doggie power bonds come on the market.
Watch and see how much of these bonds will be bought by CalPers and the various Unions in Kaliland. The deals to sell these stupid bonds will be brutal behind closed liberal doors.
I will be sending emails to PIMCO, Vanguard and Fidelity that if they buy any of these bonds, we will be cashing in all of our bond funds with them, that end up buying any power bond funds. Watch Met West closely, since they hired Goron for several million $'s year to do nothing. A big contributor to Clinton is in this type of business selling inner city housing loans to retirement plans.
To: Grampa Dave
I will be sending emails to PIMCO, Vanguard and Fidelity that if they buy any of these bonds,
we will be cashing in all of our bond funds with them, that end up buying any power bond funds. Good show, Gramps. They sure don't like activist investors, people who see through their schemes.
14 posted on
04/19/2002 2:42:17 AM PDT by
Liz
To: Grampa Dave
Great, my mother owns some Liberty All Star Fund.
To: Grampa Dave
Man, you missed your calling. You should have been the author of seedy true-crime books!
20 posted on
04/19/2002 6:42:47 AM PDT by
Dog Gone
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