Originally Posted by
forgot to bid
The 5.15 is huge.
The 5.15 was supposed to come with CDOs as an offset, the fact that got dropped was huge. The fact it was put forward... is indicative of "what are you going to give up to get that?"
WAYGTGUTGT... how about shorter, just GUT.
The CDO's were something put forth by the union. The company especially with the restrictions we set up was not all that enamored with them. I was told that the 5:15 was costed out at 40 million. The CDO's at about 2 million.