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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (110866)1/29/2008 6:06:55 PM
From: Kerry Phineas  Respond to of 132070
 
I wish I'd spent more time going long MBIA last week (sue me), although the market's current perception of the issues here doesn't seem to be realistic. It is possible that MBIA is solvent, but I'd bet that Ambac and most of the other weak sisters are probably technically insolvent. Mr. Market just loves to squeeze the shorts. Why do these morons ever mention that they have a short position in a stock.