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Old 02-18-2002, 09:29 PM
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Default Can people buy their way out?



I wondering, once someone becomes immunized, and transfers the risk of finding counterparties for some stream of transactions to someone else, can he buy his way out?


Meaning, suppose I lock in that you have to provide me with one of these five things, at these prices, under these circumstances, at these points in the future.


Do I ever then say, like, okay, just give me a lump sum of cash right here and forget about it?


Or, do I ever say, here is some cash for the effort, thanks, but no thanks?


How often are these obligations erased early with lump-sum cash payments?


Thanks!!!!!!!!


eLROY
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