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Subject:  j c penny bonds dropped a little Date:  11/14/2012  5:37 PM
Author:  blacktreechaser Number:  34491 of 36384

j c penny's bond 2017 coupon 7 3/4's or so....

Despite the bad news, the bond held steady at 104. It finally dropped down a little today, but back up....last trade I see is 99.

Wow, do those congresspeople understand that they are paid to enact legislation, not to just bullshoot all day in front of each other (and in front of CSPAN) all day long?
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