jswede

Will Muni Bond Market Embrace Connie Lee?

"Municipal bond insurance is a slow moving game, the policies go on for 30 years or more, sitting out a year won't hurt Ambac, ****their customers still remember them****"

yes they will. and will remember to not do business with them and the others.... going fwd, muni insurance will be left to the 5-10% of the muni market that actually needs it. they are all about done.

Oak Value Fund: Harley-Davidson's a Star, and We're Back in With AMBAC

Harley Davidson is still only competitive b/c of huge tariffs imposed on imported bikes, right? This was the case some years ago - can't imagine it's changed - so I'm not sure what "Harley Davidson is a star" refers to, as the stock is ho-hum and management is, in effect, subsidized.