Friday, March 5, 2010
Bond experiment
Update on the bond irregularities. We performed our own informal experiment and watched five different bonds this morning to see if this problem is system wide. It would seem that this problem is not just reserved for AbitibiBowater. All of the five bonds had something happen to one or more of their bonds. The other bonds had some disappeared for a short time then the price came back. We have made several screen shots which we will post and send to the FINRA contact. It is important to note, we do not know what is happening and are waiting for a reply from FINRA. We will post to the blog as soon as we get an answer.