why are some posters bagged, page-12

crypto

on the point of interest rates, watso, and some other posters raised the point. watso pointed out that CITIGROUP (a company with a AAA credit rating - but watso happy to be corrected) raised us$7.5bn dollars (by way of preferred stock), but had to pay 11% intererest.

another poster mentioned the libor rate, and the margin that junk bond status companies had to pay . taking notice of these points, would suggest that cnp might have to pay double their present interest rates, to raise funds - if indeed, funds were available. then keep in mind, that some australian banks withdrew their support

a doubling of interest rates, on highly leveraged investments would hit the company for six