RJMoran

Moody's Makes a Bad Situation Worse

Tom: I'm curious your thoughts on MBI's future as the gov. buys up MBS's? How do you think MBI will navigate the 'post bailout' next few months? Will they benefit from all this intervention in the markets or be 'collateral damage' going forward? MBI stock seemed to briefly rally in late Aug before the markets 'blew up'! I was (briefly) encouraged. Thanks! I always appreciate your insights...RJM