@neurovagrant @8r3n7 @rootwyrm
This is even worse, at least CDOs had underlying assets...
@neurovagrant @8r3n7 @rootwyrm
This is even worse, at least CDOs had underlying assets...
@8r3n7 @rootwyrm @neurovagrant
Yeah, I mean from the buyer's POV. The only appeal I can imagine is the prospect of flipping it for a profit ASAP, because obviously nobody is going to hold this for 100 years.
I'm no finance wizard, but what's even the point of a 100-year corporate bond? Is it just intended to be bought and sold like an option?
Yeah, usually self-owns of this magnitude only happen after being bought out by Yahoo.
@galacticstone O RLY?