Interesting Article

What do you guys think about this: http://www.bloomberg.com/apps/news?pid=20601109&sid=a2ppBYA0ELaU&refer=home

sounds like an interesting thing to get more info… after the exam :slight_smile: I think it would only make sense if they could buy its own debt (which I don´t know if is possible in the US)

Very silly. I was thinking of applying for a mortgage and not listing any of my debts because I might default on them anyway. Do you think that would be a problem?

hala_madrid Wrote: ------------------------------------------------------- > sounds like an interesting thing to get more > info… after the exam :slight_smile: > > I think it would only make sense if they could buy > its own debt (which I don´t know if is possible in > the US) Sure you can buy your own debt. Edit: In sinking fund debt that usually satisfies the sinking fund requirement.

JOEY where have you been… have you abandoned us for the L1 and L2ers…

I don’t understand how the FASB allowed this in the first place.

I spent a nice weekend with my kids (my real fruit-of-my-loins kids). You guys are doing fine.