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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (14522)	5/26/2004 1:27:08 PM
From: mishedlo	Respond to of 110194

It's FREE and everyone wins The risk is offloaded from MGIC to a mysterious 3rd party who offloades it to martians and the French. Mish

To: Ramsey Su who wrote (14522)	5/26/2004 1:39:35 PM
From: russwinter	Respond to of 110194

They are apparently ASSuming claims will rarely be paid, sort of a value added proposition. Stock market loves it, and to no surprise, as they don't expect foreclosures either. Of course the only losers are short sellers like me, who make the mistake of regularly taking those anti-hallucinogens. This stuff never seems to end does it?