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To: LLCF who wrote (16900)3/16/2002 10:14:54 PM
From: Terry Maloney  Read Replies (1) | Respond to of 74559
 
Buffett considers it safer to write supercat insurance than to own Fannie.

As does a certain faction here ... <g>



To: LLCF who wrote (16900)3/17/2002 4:04:58 AM
From: Raymond Duray  Read Replies (1) | Respond to of 74559
 
Re:So, Buffett preferred writing Super-Cats to FNMA?

Translation:

So, Buffett preferred writing Super Catastrophe Re-insurance policies to investing in the toxic equity of the Federal National Mortgage Association?