Shorts.Distort

Monolines Trying CDO Buyouts

In response to crashof..
Paying out the insurance is the problem.
What if you were sub-letting the house.?(And never told the insurer)



Who appraised the house? maybe its overinflated!!
Who bought the house? are they credit worthy!!
who insured the house ? negative equity another problem!!
how did the house set fire?
Who really lives in the house ?
Is it the primary resident and/ residency?

It is much more complex
than preminums if you dealing with falsehoods