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Becton, Dickinson and Company Message Board

  • doubledownposse doubledownposse Feb 18, 2011 9:18 PM Flag

    The US is the economy of Greece X 50

    Why do I mention this? Because in its latest 10Q, BD mentions how they are taking zero coupon bonds from Greece as payment for deliveries to state run Greek hospitals from 2007-09. What they didn't mention...when are these bonds maturing, and how much of a haircut they will have to take at that point.

    Just wait until Medicare starts writing IOUs to vendors in the form of zero coupon treasuries....

    Sold out today.

    Maybe medical stocks are a good deal today, but these are still subsidized by broke governments. Keep that in mind. GLTA.

 
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