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1 Comment
Safety Insurance: Safety in Numbers [view article]
Agree with most of your points and I own SAFT myself. However, I don't know how much stock I would put into the MBS being rated AAA. As we've seen recently, most of the ratings were pretty much worthless when it came to asset-backed paper. It will be interesting to see if SAFT reports any asset write-downs in the coming quarters. May 30 08:09 AM