Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (104663)	2/12/2008 11:52:55 PM
From: TheStockFairy	Respond to of 306849

what's the worst case, defaults go up 1,000% to 1% of issuance? So for every $1,000,000,00 in premiums collected they have to pay back $10,000,000? I'll take that business any day of the week. I don't care if some guy in Boise can't get his snow removed as long as they can keep paying the vig on the loan.

To: Hawkmoon who wrote (104663)	2/13/2008 1:49:29 AM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

Hey, here's an idea. If insuring muni's is important (presumably to every state and locale in the country), why not let the Feds do it (just the muni insurance, thanks, with an irrevocable charter limited to that only). It's too important to leave in the hands of unregulated private entities (as we now see), and it's a nice profitable sideline to boot. Reduce the federal deficit with it, stabilize the markets and let MBI and ABK meet their (market) maker ASAP. A win-win-win(lose) scenario....socialize profits, privatize liabilities (for once).