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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (30955)6/30/2008 10:47:30 AM
From: Madharry  Read Replies (2) | Respond to of 78744
 
MBI is a disaster. I really dont know how whitman and his team could have gotten this one so wrong. I dont see how they avoid BK. I am neither long nor short. But this is really giving me pause about whitmans crack analytical staff. Now apparently because of the downgrade they contractual obligations to provide more collateral on some of the gic that they wrote to municipalities. Im looking for yet another downcycle in financials.