John Locke wrote:
> On Wed, 06 Feb 2008 17:55:26 -0500, Jerry McBride
> <jmcbride@xxxxxxxxxx> wrote:
>
>>Moshe Goldfarb wrote:
>>
>>> On Tue, 05 Feb 2008 15:51:53 +0000, Roy Schestowitz wrote:
>>>
>>>> Microsoft says to borrow money for Yahoo deal
>>>>
>>>> ,----[ Quote ]
>>>>| Microsoft Corp said on Monday it may borrow money for the first time
>>>>| in its history to fund a portion of its $44.6 billion unsolicited
>>>>| offer for Yahoo Inc.
>>>> `----
>>>>
>>>> http://www.reuters.com/article/companyNews/idUSN0455692920080205
>>>>
>>>> Microsoft says it itself. Trolls cannot deny this.
>>>
>>> You bumbling idiot.
>>> The Federal Reserve just dropped interest rates again for a total drop
>>> of 1.25 points in less than a month.
>>> Unprecedented BTW.
>>> Why break investments that are locked in at the higher interest rates
>>> when you can borrow for less?
>>>
>>> Coming from a sponge like you Schestowitz it figures you haven't got a
>>> clue about money other than how to pan handle for it.
>>>
>>
>>"Pan handle"... that's something msft will learn the hardway as they go
>>into the future. Imagine borrowing $27 billion to buy another failing
>>company... who would loan them the cash? Yeah the interest rate has
>>dropped, but really... would a bank in good conscience take this kind of
>>load right now?
> That's an interesting thought. I'd think any bank would require some
> form of collateral other than revenue flow.
>
> A loan fault for that amout of money could destroy a financial
> institution.
Bingo... I get a picture of msft dressed like a clown, with a big red nose,
going door to door trying to beg for money so they can buy that
big-bad-search-engine named yahoo... just because they need it...
Yeah, right...
--
Jerry McBride (jmcbride@xxxxxxxxxx)
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