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  • Future Gloomy for Ambac, MBIA - Berkshire Likely to Emerge as New Bond Insurance Leader [View article]
    Buffett is no longer that enthusiastic about muni bond insurance: governments would rather let bond insurers eat the crap than to raise taxes.
    Jul 16 22:12 pm |Rating: 0 0 |Link to Comment
  • Selling the Short Sellers Short: Another Sign of Trouble [View article]
    The uptick rule was introduced in 1932, the bottom of all bear markets.

    The stock market worked perfectly after wards.
    Jul 18 12:58 pm |Rating: 0 0 |Link to Comment
  • Buffett's Offer: Great for Him, Terrible for Bond Insurers [View article]
    Bond insurers messed up, and they deserve to be punished by the market forces. But there is no reason to punish all the municipal bond issuers. What Buffett is trying to do is to make (big) money for himself, bail municipalities out, and screw over the bond insurers.

    Nobody would shed any tears for them except their unfortunate stock holders.
    Feb 12 23:15 pm |Rating: 0 0 |Link to Comment
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