Quote:
Originally Posted by Bouw N Arrow
The bonds have buyers... at a higher rate. Which has been the entire issue. Glendale is trying to find itself the best deal but may have no choice but to move forward at the higher interest rate.
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They have buyers for half. That isn't enough. Furthermore, there are plenty of municipal bonds on the market. If you were managing other people's money, why in god's name would you invest it in something with the threat of litigation attached to it? Nevermind that, would you invest your own money into something that could be completely screwed up?
Quote:
Originally Posted by Cowperson
The only variable significantly different in the Winnipeg situation from 1996 through to today is that the dollar is at par.
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Why does everyone keep forgetting about one of the biggest factors, Winnipeg Enterprises?