It seems that they are hunting for tax deductions.
If they are going to take a hit for reducing debt, we would
hope they would actually do it, not just refi it. the sheet is
still upside down. the div. rise even follows the attitude.
Is this the way it was in the '90's before they went bellyup?
I imagine the bonds took the hit then?
Is it the co. attitude or just the CFO"quite comfortable"?