crowdofcheerleaders

MBIA's GIC Exposure Could Trigger a Liquidity Crisis

maybe investors will one day realize that MBIA has a completely needless service. as it stands in the market, the corporation is only a trading vehicle. once it dumps all those municipal bonds, it won't even be a trading vehicle. it will have nothing. but then again, that doesn't stop investment banks from being a worthless investment vehicle, does it? no. just another story of "when does the music stop".

i am very well aware that the trading market is one thing and real life/economy is another thing. but real life does have a way of catching up to worthless corporations such as life. a corporation chock full of economic MBAs and PhDs that offer no actual service.