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Dan Rather Calls on Obama to Save the Media

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opnion7/30/2009 12:45:11 pm PDT

re: #390 Dianna

?!

KT, of course they’re loans. How do you argue they’re not?

Loans are sold on, all the time.

Commercial bonds and government bonds, both, are called “debt instruments”, and they are loans.

Bonds place an obligation to repay with interest, so you are correct, they are debt instuments.