Bowie Bonds get cut :)
 

They are just one notch above "Junk Bonds" now :)
Who would have thought it?
http://www.reuters.com/newsArticle.j...toryID=4626379

I found it surprising that they had issued them in the first place.|huh

Me too Surfn :)

You mean I could've owned a piece of David Bowie? :D

The bonds are backed by his last 10 Albums. And, since their rating was lowered, you can probably get them cheap :)

Wanna buy some albums?

Good one, urb :)

Actually I think Prudential owns 100% of the bonds.....so you can't even buy them. Not like I would.

XPorn

I actually admire the effort.
I'm guessing that he didn't actually need the money from the bond sales. But looking for a way to beat napster et al, And create a New income stream.
Even if you don't care for his music, you should at least respect his creativity.
I think he was simply taking his musical, theatrical creativity and extending it to the financial world.

I don't think this will be the last financial post about him we'll have here.