Ishortyou

Best and Worst Performing Stocks Seven Months Into 2008

Banks and Broker firms wrapped toxic waste i.e.: subprime, credit card debt, car loans, etc. into structured finance vehicles i.e.: CDO-ABS-MBS-SIVs and misled the market into buying them and bond insurers into insure them and now they have to clear their books from this toxic waste which is going to take time quarter after quarter but without a doubt will improve their book value.

Best and Worst Performing Stocks in the Russell 3,000 Year to Date

in respect Ambac and MBIA, they need to keep and save their cash that they have already collected and any cash coming into their coffers, deleverage from annoying debts, obligations and risks, stop paying dividends to increase their book value and once their book value is adequate and sound reinstate their triple A ratings again to start writing down new government bonds insurance only in low risk areas of the market. This strategy in itself is the best advertisement to recruit new business because the new clients will precieve that " if these folks were able to survive the credit crisis then they can survive anything"