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  • Dissecting MBIA's Letter to Owners  [View article]
    bad models + financial geniuses are no competition for rational thought. Bad assumptions about correlation were behind this and I don't see that turning around. People aren't being duped by MBIA. Most likely MBIA believes in itself...and it will right up to the end.
    Mar 06 16:35 pm |Rating: 0 0 |Link to Comment
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