stream of lease payments (which can usually be dressed up as current
expenditure).
-Original Message-
From: Michael Perelman [mailto:[EMAIL PROTECTED]]
Sent: 04 September 2002 15:27
To: [EMAIL PROTECTED]
Subject: [PEN-L:30025] Re: RE: Re: sale and lease back of land and
buildings
Why do
Why do public agencies engage in sale and leasebacks?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
>Now, the reason why I ask this question is that I started to
>think about an empirical study on the influence of lease for
>long-term debt swaps on stock returns and possibly more. Since it
>is a very fresh idea, just got triggered by Chris' question, I
>cannot get more specific than that at thi
I recall reading in a Nader report from the 70s that CitiBank had the
third largest airforce in the world after the US and the USSR.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
In a message dated 9/2/2002 1:15:08 PM Eastern Daylight Time, [EMAIL PROTECTED] writes:
One of the companies I worked at used this "tool"
and I read about many more firms who made similar arrangements,
sometimes using special purpose entities that are controlled by
the firm. This is an accounting
