oldlures1

Future Gloomy for Ambac, MBIA - Berkshire Likely to Emerge as New Bond Insurance Leader

On a different front, in light of Ambac's recent downgrade to CC and talks of possible regulatory intervention, I wonder what the possibility is that National could reinsure ABK's muni portfolio, like they did with FGIC? That'd be sweet!
I'm long MBI.

Future Gloomy for Ambac, MBIA - Berkshire Likely to Emerge as New Bond Insurance Leader

U338129 - Good point, but for arugment's sake, I'd offer that Moody's downgrade of BRK is irrelevant. As an aside, they only dropped BRK's rating after catching flack about the conflict of interest, so perhaps they're just attempting to save face.
Ultimately, you're probably right, there's no conflict of interest, but sometimes there only need be the perception of such.

Future Gloomy for Ambac, MBIA - Berkshire Likely to Emerge as New Bond Insurance Leader

Anybody know if BRK is still the largest shareholder of Moody's, the company that started the downgrade run on ABK and MBI? It screams conflict-of-interest, but I've heard little chatter on this matter since this time last year.

Berkshire Hathaway Credit Risk, Index Puts Are Overblown Worries

This just makes me all giddy inside. I've got one word for you: "karma"