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Becton, Dickinson and Company Message Board

  • turtlex98 turtlex98 Feb 10, 2012 9:42 AM Flag

    $69 MILLION derivative loss

    Wow, buried in the notes of the latest 10Q is a $69 million loss on interest rate derivatives in Sept 2011. You'd be hard pressed to find it in the Sept 10K, because its not in the footnotes. How could management not address this in the earnings call?
    That's a 7% loss in under 2 mos. Looks like their bet went the wrong way, and they will be paying this for a long time.

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