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Explain "buying debt"
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05-21-2007, 02:22 PM
DespotInExile
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Join Date: Jul 2005
Posts: 788
Re: Explain \"buying debt\"
This is obviously a reference to buying Kmart bonds that are trading in the market at 20 cents on the dollar. This is clearly not a reference to trade debt, as somebody suggested, since that stuff doesnt trade easily.
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