Chapter 11 - Bond Quotes - Ford and the Great Recession

Author(s): Paiano, Frank
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In the depths of the Great Recession, corporate and municipal bond prices plummeted. Investors were terrified that countless companies and municipalities would go bankrupt. (Treasury bonds actually went up as investors fled to the quality and safety of the United States Government.) Here we chronicle the bond prices of Ford. Those who had the courage to buy when everyone else was selling have been richly rewarded. As Warren Buffett likes to say, "Investing is simple ... but it ain't easy!"

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