no way ALZ is in trouble. That said, AAZPB the better buy...

no way ALZ is in trouble. That said, AAZPB the better buy showing tremendous return toSep08, only two and half months! 70 per cent per annum annualised. IF ALZ was a cash management trust offering 70%, would you take their risk? yes!...The risk? They "step-up" and pay an increased coupon of +2.5% over existing, resulting in 20%+ return to say 2010 when credit conditions ease.