Here it comes Doug... Davey is about to get frustrated.

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"j" ganz @@
www.sailnow.com

"Dave" wrote in message
...
On Tue, 22 Mar 2005 16:54:47 -0500, DSK said:

Doug, note that I'm talking about an insurance company's buying bonds
issued
by that insurance company. What part of "bonds of that insurance
company"
and "when it issued the bonds" don't you understand?

I don't understand why you claimed that insurance companies can't buy US
Treasury bonds.

Please identify the message in which you claim I said any such thing.


You seem completely oblivious to the FACT than US Treasury bonds are the
safest and most secure investment possible. How many times must I repeat
this to sink in?

You keep mouthing the same words over and over, as if it came out of some
kind of talking points memo. But you clearly have no understanding of what
a
bond is. Doug, I create corporate bonds, debentures and stocks for a
living.
I've done revenue bonds, and I've securitized other assets to create
asset-backed bonds.

I've tried to educate you on what bonds are about, but it's hopeless.