08-10-2022, 12:24 PM
(08-09-2022, 07:22 PM)fredtoast Wrote: You can fund an escrow account with investments as long as the principle is guaranteed. So they could just invest a hundred million in bonds and use them to fund the escrow account.
What's the point of the above statement? To be contrarian?
You have to have cash to fund the bond. To say that you can do that instead of putting cash into an escrow is moronic.... You STILL HAVE TO HAVE THE CASH. Unless you think the Brown family can borrow 100s of millions without any sort of risk or collateral - such as borrowing against Bengals stock they own or outright selling it off to produce... wait for it... keep waiting... CASH.
