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.
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