Fat Arby

The Jury is Still Out on the Monolines

People, people, people ( I didn't copy/paste, btw)...where have you been for the last 80 years? This is THE AMERICAN Way! Big, established companies have the benefit of the doubt in tough times. AFter all , they've been around for a long time and have always come through, have they not?
So, why worry? Your money is safe in them bonds, and if , for some reason, the market comes crashing down and inflation skyrockets and municipalities start declaring 'bad times are here', well, it was no one's fault! They just market forces!