Hi Iso: Re.: Solvency of insurers:
Check out ADR.com, look up AZ ticker symbol (Allianz AG), click on news and scroll to various news:
October stories:
Oct. 01, 2001: 12:37 AM, (DJ)- German Insurers look for change to valuation rule.
Oct. 01, 2001: 02:05 AM, (WSJE)- French government considers easing solvency rules for insurers.
Oct. 06, 2001: Germany mulls accounting change to aid insurers.
Oct. 06, 2001: 10:07 AM, (DJ)- Agreement between insurers , airlines imminent.
Plus: Group of Seven to meet this weekend to bail out US banks?
We may learn more than we care to about how the PPT works it's magic as this "crisis" unfolds and inundates the financial sector. Perhaps the Tsunami approaches from within the shorelines.
Notice that GG had so large a volume traded yesterday? 583,000 is a lot more than I am used to seeing run on the ticker. My hope is that GLG is consolidating for a big upside move.
Without regard to the above, hope you enjoy a great weekend.
Best Wishes;
Rails
PS: Been so involved this week at work: My thanks to all who show such a great commitment, to post on a regular basis. It is one of the great things to do: Read the thread when I can find any spare time. |
