opiniom

Caterpillar's Troubling Bond Issue

i think the one big component that is missing here is that CAT sell the machine to an end user only when there is an end user to work it. i.e CATdoes not sell it to a financier unless there is a lessee. also it seems that the majority of the bad credit issues where based on poor lending to real estate owners. macninery is a totally different asset class and finance structures totally different.

Finally biggest growth area for this company is global mining..where the majority of large companies are cash buyers....