Monday, November 19, 2007

ANOTHER CLASSIC LINE

From the Bloomberg article mentioned below -

Florida CFO Sink, treasurer of the board of trustees that oversees the state pool, says she wasn't briefed about the $900 million of downgrades before the Nov. 1 newsletter.
``I wasn't aware of that,'' she says. ``Just because it's been downgraded to junk doesn't mean that it's not good money.''

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