MBIA's GIC Exposure Could Trigger a Liquidity Crisis [View article]
For me, this is an informative article. I do not know much about this situation, but I appreciate the debate and discussion it created. A bit too much math for a simple guy like me, so I will pose a simple question in order to keep the discussion easy to understand:
If half the clients or lenders wanted their money out by the end of one week, how much "real free cash" is remaining?
I do not own any of the above mentioned companies. (A small plug for my book; go to frips.com)
MBIA's GIC Exposure Could Trigger a Liquidity Crisis [View article]
If half the clients or lenders wanted their money out by the end of one week, how much "real free cash" is remaining?
I do not own any of the above mentioned companies.
(A small plug for my book; go to frips.com)