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  • MBIA Sues Countrywide: Part of the Solution to Clean Up the Lies [View article]
    Moody's and S&P should probably start adding a lot of lawyers to their litigation departments. Maybe Ackman goes after them next. Of course, that reptile will probably come back and go long on ABK and MBI.
    Oct 03 14:51 pm |Rating: 0 0 |Link to Comment
  • MBIA Sues Countrywide: Part of the Solution to Clean Up the Lies [View article]
    Padding or not, if the bailout goes through and assets go to the Gov't then ABK and MBI should have some nice relief. Then add in the new guidance on mark to market and the two stocks stand a very good chance of recovering to about the halfway point of their all time highs. After that, it's up to their managment to figure out the new landscape. To say management has learned the lesson on risk would be an understatement!
    Oct 03 11:47 am |Rating: 0 0 |Link to Comment
  • MBIA Sues Countrywide: Part of the Solution to Clean Up the Lies [View article]
    If assets are sold to the Gov't, doesn't that take MBI and ABK off the hook?
    Oct 03 08:26 am |Rating: 0 -1 |Link to Comment
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