Re: [RT] Bond insurer FGIC seeks break up

[BobsKC <bobskc@xxxxxxxxxxxx>]

Yes, it is.  Some way, some how, I am nearly certain that the tax 
payers are going to get stuck with the bank folly and bailing out the 
insurers would certainly qualify as one way.  I'm for Buffet's idea, 
take out the municipals, guarantee those via any means necessary and 
let the rest of the mess they decided to insure, rot in the sunlight.

Bob

At 10:56 AM 2/15/2008, you wrote:
>Ckeck this out:
>http://money.cnn.com/2008/02/15/news/companies/fgic/index.htm?section=money_latest
>
>Isn't this kind of like a property insurer asking to split its Gulf
>Coast portfolio from the rest of its business the day after the
>hurricane hits?
>
>
>
>
>
>
>
>Yahoo! Groups Links
>
>
>



 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/realtraders/

<*> Your email settings:
    Individual Email | Traditional

<*> To change settings online go to:
    http://groups.yahoo.com/group/realtraders/join
    (Yahoo! ID required)

<*> To change settings via email:
    mailto:realtraders-digest@xxxxxxxxxxxxxxx 
    mailto:realtraders-fullfeatured@xxxxxxxxxxxxxxx

<*> To unsubscribe from this group, send an email to:
    realtraders-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/