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Old 05-12-2012, 09:20 AM   #21
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Originally Posted by Chuckanut View Post
Well, it looks like the opportunity is over. Greek bonds, those offered after the initial bailout, are now paying approximatley a 20% interest rate. Even Apple can't afford that.
They could if the could buy the bonds and retire them or pay themselves -- not to mention that if Greek interest rates go even higher these bonds get cheaper. Anyone want to visit the iParthenon?

"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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Old 05-12-2012, 09:31 AM   #22
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The TV reports from Athens makes me want to visit. The Parthenon gives off a golden glow in the background.

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Old 05-12-2012, 10:12 AM   #23
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Watchin' Cyprus these days. Both sides.
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Old 05-14-2012, 09:46 AM   #24
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I think some are vastly overestimating productivity in southern Europe
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Old 06-05-2012, 07:28 AM   #25
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Greek bonds are currently yielding about 24%. Or, one could have invested in Facebook, which is down about 25% since the IPO. Just another opportunity for investors in the Capital Depreciation Fund.

The worst decisions are usually made in times of anger and impatience.
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greece apple

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