Slayton we don't know what consideration CSHD has agreed to give each of the funding groups in exchange for use of the bond. No bond or debt specialist has emerged on this board to tell us how CSHD can carry the bond on their balance sheet as an asset when they do not own it or exactly how bond hypothecation works. I personally suspect that some of the "our-street" and "stocklemon" criticism is there simply because the authors don't understand debt financing or asset-based financing well enough. Of course, that does not excuse defamation of CSHD or RPH.
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