vodka_tonic

Financials Likely in Dead Cat Bounce, But Fed's Now a Wildcard

i saw you on CNBC and i think you pretty much said the same thing. i was curious where you got the 2 million foreclosure number ? also i wonder what happens to a mortgage bond, if nobody pays interest on it for a couple of months. i guess eventually the house is resold and the payments resume. hmmm.

The Real Risk: Ambac Loses its AAA Rating

that's why god invented beer and (loose) women :)

Ambac: More Smoke and Mirrors?

caramba you are right a liquidity crisis is indeed overly devaluing CDO paper. but, as john above is also saying, a lot of this paper is actually worth much less due to the current housing market.
ambac is just treading water and the housing market IMHO is gonna get worse. i would not invest in it at any price.

Ambac Financial: Get Into Bond Insurance Before Buffett Does

i did not know the muni bond market had dried up. are these not really safe bonds ? a lot of stuff in the story smell's fishy.

Can The Fed Inflate Its Way Out of Housing, Credit Mess?

too pessimistic. there is a credit bubble and certainly inflation on the horizon, but it's not the end all. that's why the stock market is still near it's all time high's. the subprime mess is simply too many risky loans (a small % of the total though). credit / loans based derivatives as a % of total financial instruments are small also.
inflation is a real problem, but global growth also has a lot to do with it.