Posted by 8N'r---WI on December 03, 2010 at 09:40:16 from (12.104.244.6):
In Reply to: Re: Investments posted by JayinNY on December 03, 2010 at 09:01:19:
I love and thank the media for creating some of these opportunities......remember ALL the Auto companies were going to go bankrupt----even Ford, who didn't need TARP funds to stay afloat...
That BS from the media, added to the fear and emotion that drove Ford's bond prices down to $600/bond...bonds that matured in less than 1 year for $1000....and paid 5.75% coupon to boot....more than a 70% return on your money holding that high risk "going out of business" Ford Bond.....
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