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voting bonds
In some ways this isn't new. Bond holders have long
thought they should have a veto of leveraged buyouts
(which can turn highly rated corporate bonds to trash).
But there are bonds that don't expire, just like
stocks. British consols, for one.
--
Gregory P. Nowell
Associate Professor
Department of Political Science, Milne 100
State University of New York
135 Western Ave.
Albany, New York 12222
Fax 518-442-5298
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