"Borrowing Billions is not good policy...."that simple, huh!!did...

"Borrowing Billions is not good policy...."

that simple, huh!!

did you pass on that rather simplistic message to messrs howard and costello - i mean, they didn't need to borrow hundreds of billions considering their massive revenue streams, did they?...........

"Between March 1996 and November 2007, there were 135 lines of bonds that were taken to market in various bond tenders which were issued with a face value of $51 billion, while there were over 280 T-Note tenders with a face value of over $220 billion."

but you know, this being a share market forum and all............

":This was prudent financial management that rightly drew no political criticism although there were howls of protest from the capital markets that debt was too low and the lack of liquidity was scaring away global investors."

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