When I warned you about the ability of institutions to sell bonds cheaply, I did not realize its immediate impact. I bought Ford Third Party Trust Preferreds (DLK) on the 27th. They were redeemed in part today. 5% return in 3 days---not bad. I am going to buy more so long as the price stays under $25.
Conditional Partial Redemption of CorTS Trust II for Ford Notes Trust
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