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DownWithPumpers

10/29/06 4:31 PM

#118323 RE: rookiecrd1 #118320

That's exactly right, it should enter CSHD's books at 49.65% above 500 million, or roughly 745 million dollars. So be happy about the money, or unhappy that Rufus, his auditors, and his accountants don't know basic bond math.
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don schild

10/29/06 4:33 PM

#118324 RE: rookiecrd1 #118320

CSHD can only USE the bonds, not cash them in.