Your article said "putting the bad business into subsidiary B, which will go insolvent, and pay little to creditors?" Sir, how do you know its all bad business? you are assuming all non-municipality busines will renege on payments. Quite an assumption? You sound like a bad news monger
FGIC Split: Let the Lawsuits Begin [View article]
Sir, how do you know its all bad business? you are assuming all non-municipality busines will renege on payments. Quite an assumption? You sound like a bad news monger