Quote:
Originally Posted by milkman
When you look at this situation, and compare it to the Allen trade, and the Marshall trade, you really get an understanding of just how much the value of the LT position has decreased in just the last 10 years.
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Which leads to the intriguing question. Is it better to pay a LT $10M+ per year? Or to over-draft a LT at 1.1.
Of course, it's possible we do neither.