Thursday, December 13, 2012

4 Head Presidential bond sale

We came close to selling a 4 Head bond yesterday. The only problem? The seller wouldn't show the bond. Is that impractical or what? Our offer: 500 million USD. Why do bond owners say they want to sell and then not show up? The only reason I can think of is this: they don't really have the bond, even if all the documentation shows they do. 

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