would you prefer to give money to bear sterns or the colombia goverment?
By RAPAZ68
@RAPAZ68 (185)
September 10, 2007 4:44am CST
At current market rates, the yield on the Colombia Goverment debt is lower than the yield you get by investing in bonds issued by Bear Sterns. This is a result of the current credit crunch and sub prime crisis. Who would you trust more, the Colombia Government or Bear Sterns?
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