unwired

MBIA: Credit Where Credit Is Due

I don't think this is a bargain at all. As with Bear Stearns, there are plenty of unknowns that could pop up at any time. With financial companies in general these days, the accounting and the numbers are basically worthless...and their true value becomes apparent in times of stress. With the amazing inflation in the dollar by the fed, I think its much wiser to put your money where the increased money is bidding up prices...like resources etc.