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moniss

(4,497 posts)
6. I had a long post yesterday with more info
Sun Apr 7, 2024, 02:16 PM
Apr 2024

about how a company can issue a bond even without being authorized to do normal business in NY. There are lots of hoops and requirements to meet but it can be done. But I point out some of the additional red flags such as questions about what the true surplus is at Knight Specialty because there are conflicting numbers going around there is a question about whether the NY requirements for due diligence were done. But anyway here is the link.

https://democraticunderground.com/100218841571

Latest Discussions»General Discussion»$175M bond might implode»Reply #6