No. of Recommendations: 3
Charlie,

As usual You are spot on that there will be a time to shop these bonds. We know the sharks swimming in the tank are going to eat. The annoyance, to me, is that Apple has a pile of cash on its balance sheet but tons of it are over seas. Because of government incompetence its cheaper for Apple to pay the fees to these banks and pay coupons then to use their own cash.

Insane.

jack
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