That money, in turn, would be used to pay American investors.
Free solar is a good idea - but not if we have to pay investors and investment funds over 12% to acheive it.
Q. Will the state need to pay investors more in order to entice them to buy the bonds?
It has not paid investors to be cautious, much less bearish, in a very long time.
Australian officials said his profit was a bit more than $100,000 after paying investors but before expenses.
No fraud is involved, but the system uses money from new investors to pay earlier investors.
He had "paid investors with money that was not there".
What the cash is for, of course, is to pay investors who want out.
In 1901, the syndicate that owned the ranch began selling off the land to pay foreign investors as the bonds became due.
Smith did not take a salary for the film, noting that the plan was to pay investors back first.
