The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (105030)	2/14/2008 1:18:11 PM
From: bentway	Read Replies (1) of 306849

"Bond insurers have 4-5 days to re-capitalize, says Spitzer" Wow! That sounds pretty damn ominous. Sure puts Warren in the catbird seat. What do bondholders get told if they don't? "Look, your BONDS are still as good as they ever were, they're just not INSURED"! I'm not sure that would comfort a potential buyer.. If BONDS are looking flaky, it should make gold look DAMN good! ( I sincerely hope, anyway..)

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