Posted 1/29/2008 17:52 (#296174 - in reply to #296149) Subject: RE: To go with the Fed rate discussion below.
Lapel, In
For Craft or anyone else to self finance by selling bonds. they have to be able to sell those bonds and that is where the rub is. Even a hint of the recession these days multiplies the situation and fear breeds on fear in this case. At the very least, I see a major,major down turn.