Kristen Schwab
๐ค SpeakerAppearances Over Time
Podcast Appearances
Insurance companies, pension companies have very long-dated liabilities.
Alphabet had no problem finding buyers for its century bonds today, according to Bloomberg.
Alphabet had no problem finding buyers for its century bonds today, according to Bloomberg.
But Cohen says it's hard to say how this will all work out, for Alphabet or for bond investors.
But Cohen says it's hard to say how this will all work out, for Alphabet or for bond investors.
The last tech company to issue a 100-year bond was the cell phone maker Motorola.
The last tech company to issue a 100-year bond was the cell phone maker Motorola.
That was in 1997, before the iPhone.
That was in 1997, before the iPhone.
The company still exists, although it doesn't exist in the same form as it did almost 30 years ago.
The company still exists, although it doesn't exist in the same form as it did almost 30 years ago.
Those Motorola bonds are trading on the secondary market for around 80 cents on the dollar.
Those Motorola bonds are trading on the secondary market for around 80 cents on the dollar.
I'm Daniel Ackerman for Marketplace.
I'm Daniel Ackerman for Marketplace.
Wall Street today, a little up, a little down.
Wall Street today, a little up, a little down.
We'll have the details when we do the numbers.
We'll have the details when we do the numbers.
We're still waiting for the Supreme Court ruling on the legality of the Trump administration's tariffs.