W wilburbear Jul 8, 2009 #1 http://www.calculatedriskblog.com/2009/07/banks-will-stop-accepting-california.html
S stinkyfelix Jul 9, 2009 #2 Some folks are trying to invest in Calif IOUs. I think the IOUs pay 3.5% interest. They are advertising on Craigslist and are willing to buy the IOUs from about 50 cents up to 88 cents on the dollar...
Some folks are trying to invest in Calif IOUs. I think the IOUs pay 3.5% interest. They are advertising on Craigslist and are willing to buy the IOUs from about 50 cents up to 88 cents on the dollar...
A achilles28 Jul 9, 2009 #3 Its a good trade. Obama, that Commie, will bail California if things go ugly. 110%.
