News Focus
News Focus
Followers 1
Posts 54
Boards Moderated 0
Alias Born 05/08/2013

Re: ogflee1 post# 1438

Wednesday, 02/07/2018 8:52:48 PM

Wednesday, February 07, 2018 8:52:48 PM

Post# of 1474
Exactly, ogflee1. They are meant to go to zero. The prospectus says that they are not meant to be held to maturity, as they are meant to go to zero and zero should be expected. CS borrows investors money, as these are debt instruments. They do not expect to have to pay it back. The price appreciation over time gave the appearance that they were something that we found out the hard way they are not.