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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus_Long who wrote (32725)	4/9/2008 2:02:38 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 217931

If the Muni bond subsidiary were "free-standing" in not being associated with the subsidiaries selling insurance on trash, then their business is just fine. This is why the insurance commissioner was going to order the businesses split into three separate companies. Two fine and one toxic trash. So various parties who had purchased insurance on toxic trash stepped up with another solution to keep their insurance on toxic trash viable for a while longer. But ultimately these firms will be broken apart. .