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To: Davy Crockett who wrote (47494)8/17/2007 1:45:05 PM
From: Rocket Red  Respond to of 78421
 
Coventree they will get bailed out



To: Davy Crockett who wrote (47494)8/18/2007 12:02:44 AM
From: E. Charters  Respond to of 78421
 
The tragedy is not the concept. Asset based investments are amongst the safest of all investments. The tragedy was in the misuse of the credit rules to collaterilize the investment. They were oversold. Plain and simple. The immoderateness of the companies placing ALL their basques in one exit, is classic. Bad portfolio mismanagement I am afeered.