and It is why the coop is in such trouble in the UK some greedy rich pensioners invested in hi yielding bonds (PIBS) thinking oh 7%/8% yield with out understanding their responsibilities.
They whined about having to take a haircut to the press and MP's and the coop had to sell off its family jewels to private equity vulture funds who are gong to screw over the holders of PIBS anyway
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and It is why the coop is in such trouble in the UK some greedy rich pensioners invested in hi yielding bonds (PIBS) thinking oh 7%/8% yield with out understanding their responsibilities.
They whined about having to take a haircut to the press and MP's and the coop had to sell off its family jewels to private equity vulture funds who are gong to screw over the holders of PIBS anyway