Replies to post #21889 on The Rising Influence of Rising Affluence

[DewDiligence]

CLF—The best option is to screw the bondholders again.

Ask and ye shall receive! See #msg-155150398.

p.s. I wouldn’t characterize CLF’s maneuver as “screwing” the bondholders, but rather as taking advantage of an arbitrage opportunity based on market prices.

p.p.s. CLF is +2% today while the broad market is down. Investors like these kinds of debt-eradicating maneuvers.