Investment

» axolotl - He says to buy NW Airlines bonds

In response to He says to buy NW Airlines bonds posted by davey52:
I need Cusip no.s in order to search bonds at Investinginbonds.com or Fidelity's website. Northwest had about 3 issues in 05 called notes that were due in 07 and 08. However, there must be new issues or soon to be new issues because of the new plane purchases. Any bonds in bankruptcy build up owed interest which can become quite high, but I don't think there is going to be any bargains. Maybe Jimmy is talking about new bonds with a good interest rate backed by ownership of the planes. Delphi is in bankruptcy with bonds too, but again, the market is not going to give much of a bargain IMO.

-- posted by axolotl