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

To: orkrious who wrote (40679)9/1/2005 11:15:14 PM
From: LLCF  Respond to of 110194
 
<If it is determined that the counterclockwise hurricane winds caused Lake Pontchatrain to overflow the levees, the policy holders have a legitimate chance of collecting. >

Not for nothin but IMO that chances of that are zilch. Wind blown water doesn't mean a storm surge that caused levy breach. I can't imagine that what happened in New Orleans could possibly be called 'wind blown' water... time will tell... and of course if wind isn't excluded, then real wind damage would be covered.... good luck though.

dAK



To: orkrious who wrote (40679)9/2/2005 1:14:27 AM
From: ild  Read Replies (2) | Respond to of 110194
 
Zeev bearish
investorshub.com



To: orkrious who wrote (40679)9/2/2005 3:03:23 AM
From: patron_anejo_por_favor  Respond to of 110194
 
Interesting...I can imagine there will be rather ferocious litigation over all of this. The insurance companies can claim that the winds had passed at the time the levee broke and the water damage started. I'm sure thousands of lawyers are getting lathered up about all this as we speak.....


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