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7 Comments
Ambac's Announcement is a Joke; Disagreeing with Whitman on Monolines
Ambac's Announcement is a Joke; Disagreeing with Whitman on Monolines
tears (and fears) to a whole lot of folks.
Ambac's Announcement is a Joke; Disagreeing with Whitman on Monolines
So, forget (or enjoy) what you have now because it will all be gone 3 years from now. And then, when you've reached the point where you think our Federal Government can't possibly hamstring things anymore, can't question or watch every single share of stock you buy or sell, well then you've reached the...2nd or 3rd inning. Because there's going to be a whole lot more.
Congressman Kanjorski can't say Wall St in the same sentence without using the word "greed". And that is the last thing you want to hear from a homespun hero in Washington. Hell, The Feds will be storming past Trinity Church like Stormtroopers under the Arch d' Triumph.
Tumbleweeds swirled at the corner of Wall & Broad for 25 years. It may seem quiet now but the winds are beginning to blow.
Ambac, MBIA: The Shorting Game is Over
"In religion and politics people's beliefs and convictions are in almost every case gotten at second-hand, and without examination, from authorities who have not themselves examined the questions at issue but have taken them at second-hand from other non-examiners, whose opinions about them were not worth a brass farthing.
Mark Twain
Ambac, MBIA: The Shorting Game is Over
Thanks for the post and good luck with your new blog. It's always interesting to get some perspective from the "inside", so to speak.
Hopefully, you will continue to shed light on what is happening
throughout the sector and perhaps answer questions that may
arise from time to time.
MBIA, S&P and What AAA Really Means
MBIA Could Be a Zero Faster Than Expected