Jul. 14 at 2:52 AM
Bloomberg TV on headphones at gym
Tooooo cumbersome to watch, but I listened Sunday 7/13
The poster child for colossal screw ups
2020 issue date, 100 year
$EWO bonds
Granted they are cherry picking the peak price in 2021 for this “ (not so) fun fact “
Value has fallen 75% which reminds me:
Grandpa made a killing on 100 year ?? Disney ?? or ?? Euro Disney bonds back in the 90’s. Overall rates were fairly high = not so in the 90’s
Ditto tax free Denver Airport bonds during construction and
$EWG baggage conveyor contractor couldn’t get it working. City had to begin construction of an ( super ugh ugh ) additional traditional baggage handling system. What’s more
$UAL wouldn’t sign contract / pay for upcoming gates. City had no choice bother than do the sac religious: let Continental sign for the prime prime A concourse = passengers don’t have to ride an underground train to get to gates.
Seriously, this just in Bloomberg tv:
$BA
Fuel supply to both engines cut off seconds
