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7 years wouldn’t exactly be a short term security, and a bespoke loan from one guy to himself isn’t something easily sold enough to be called “cash like”.
by village-idiot 7y ago
7 years wouldn’t exactly be a short term security, and a bespoke loan from one guy to himself isn’t something easily sold enough to be called “cash like”.
- darawk 7y ago> 7 years wouldn’t exactly be a short term security Nobody said that it was. They have 74% of the reserves in cash and short term securities. The other 26% is this loan. That is, it is not a short term security.