02-03-2007, 06:53 PM
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Registered User
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Join Date: Feb 2003
Location: Maryland
Posts: 541,353
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Quote:
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Originally Posted by rzande1
... Show me a bank that will let individuals do this idiotic thing.
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rzande1,
T Bills are debt obligations issued by the U.S. government. Corporations issue bonds for the same purpose. The analogue for individuals would be credit card debt. All these debts are purchased (and sold) by banks.
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Eudaimonia
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