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  • Good News for Monolines Wanting To Settle Their CDO Obligations [View article]
    Well done Felix - thanks for sharing - look at the recent bounce in the monolines. Smartmoney is cottoning on that things are better than they seem at the monolines. This will also affect the write downs in book value taken by the monolines - we can expect some write-ups in the next quarter. Ambac is esp. interesting as they did not (or could not despite their best efforts) dilute their share-holders.
    Aug 16 16:38 pm |Rating: 0 0
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