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Do you think they can? 2,074 pages of impending failure.


#16 User is offline   jcl 

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Posted 23 November 2009 - 01:31 AM

View PostJDoors, on 22 November 2009 - 10:39 AM, said:

Do you know what's IN those "funds?" Government bonds.


So?

#17 User is offline   JDoors 

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Posted 23 November 2009 - 11:47 AM

A bond is a promise to pay a certain amount of money back at some point in the future. There is no "money" in the fund.

#18 User is offline   jcl 

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Posted 23 November 2009 - 10:59 PM

Bonds funds aren't exactly uncommon.

#19 User is offline   JDoors 

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Posted 24 November 2009 - 11:03 AM

Using the money that backs the bonds for other purposes isn't uncommon either.
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