FIG trader_

MBIA and Ambac: Edge of the Cliff, Ratings-Wise

Oldlures1; wake up. do you actually think the "headlines" caused the failure. If you are still holding the bag, it will be empty soon. Only the last phase of the decimation for equity holders is probably due to "headlines". The business model is worthless, and William Ackman deserves star status for exposing the "investment farce". All the rest of your discussion, and that of 99% of commentators is worthless filler.